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MSE News: Help to Buy equity loan scheme to close to applicants in three months
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Just echoes of Thatcher and selling council houses or more HTB then? She can`t make the banks lend though, isn`t that why they used taxpayers money for HTB?Woolsery said:
https://www.google.com/search?client=firefox-b-d&q=Truss+promises+more+housingSarah1Mitty2 said:
Is there a link to what she said?Woolsery said:Liz Truss is currently promising to make mortgages much easier to come by, so I expect there will be a new scheme along soon and the milk and honey will flow again. (Which one is the very doubtful smiley? This one?
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doubt it they like to keep highSarah1Mitty2 said:Will new builds start falling in price when this ends?Don't put your trust into an Experian score - it is not a number any bank will ever use & it is generally a waste of money to purchase it. They are also selling you insurance you dont need.0 -
No. Schemes are unrelated despite the similarly helpful names![Deleted User] said:Does this affect the HTB ISA?
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How will they keep high without HTB? Are SKY news etc covering this, you would think it was a reasonably big story.chanz4 said:
doubt it they like to keep highSarah1Mitty2 said:Will new builds start falling in price when this ends?0 -
Builders dont like lower prices, as lowers the value of the land they are buying. Yes may cut down the amount sold as a lot wont be able to afford them after but cant see a drop thats for sure.Sarah1Mitty2 said:
How will they keep high without HTB? Are SKY news etc covering this, you would think it was a reasonably big story.chanz4 said:
doubt it they like to keep highSarah1Mitty2 said:Will new builds start falling in price when this ends?Don't put your trust into an Experian score - it is not a number any bank will ever use & it is generally a waste of money to purchase it. They are also selling you insurance you dont need.0 -
So you think builders will hold onto unsold empty property, have they ever done that in the past?0
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Builders are working on schemes to replace HTB. 'Deposit Unlock', for example.
There is still a chronic lack of housing supply in the UK so don't expect too many price reductions in the newbuild sector.I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0 -
Only two lenders have signed up to Deposit Unlock though, help to buy was the government lending the money directly, I think the builders will need something bigger than that to keep selling.kingstreet said:Builders are working on schemes to replace HTB. 'Deposit Unlock', for example.
There is still a chronic lack of housing supply in the UK so don't expect too many price reductions in the newbuild sector.0
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