Thought Id start this one going because its rather dead on this board at the moment and I suppose all my usual muckers are either at the Stella tennis event watching Dim Tim (lose again) or at Henly Regatta eating cucumber sandwiches (they wish,...NOT).

Anyway please feel free to just talk to yourself blast away and let it go on any company or subject you wish. Just wish Id thought of this one before.

cheers GF.

A Shock? Don't talk nonsense Major, by the way is the "Whore Bag Curry" still giving him some?

the march of UKIP will gather pace be under no doubt
I am ashamed to say my family voted for these LIARS AND CROOKS
THIS GOV THE MOST EVIL EVER TO WALK THE PLANET

if their is a GOD why did he kill those 10 000 people does he hate their country .

god is a fairy tale for the stupid

all those that died fighting for the uk died in vane . died for nothing .

fred - i have no idea and nor do i much (at all) care about your specific problem ...... however, it seems to me that any help that can be offered to first-time buyers cannot intrinsically be a "bad thing" ...... unlike you, i really don't care which party came up with the concept

by the way, perhaps "your problem" would be best served by applying for a top-grade apprenticeship as outlined/detailed in the article i mentioned

facts . young people buying homes then finding out that they can not afford to live in it .
they are desperate to sell them after just months but the FLAT they have bought is lease and the value is over 14k less than they paid . all new flats are over valued by 20% the gov help to buy is destroying the buyers . who think they are getting help but help to trap them in a home they can not sell

never buy lease hold unless you have no family to leave it too

from where did you get that hare-brained concept?
of course, it's a total nonsense unless there is (considerably) <50 years unexpired, in which case, the leasehold is a diminishing asset
flats are almost always leasehold, though on occasion there is a share of the freehold attaching, but i don't think that's very common
also, it is almost impossible to buy freehold in much of central london even if you want to

London is total different from most parts of the uk .
down in places like cornwall you can pick up a flat which was bought new
on resell for at least 15 % cheaper .
new apartments are over valued for most people if you have the cash you get a big discount if you have not you over pay . fact

MOST NEW LEASE HOMES NOW HAVE ONLY 99 YEARS

so?????? and your point is??????

It's a very expensive diminishing asset.

their is your answer thanks MAXK

Cynic,

Not my problem, nor my children's, but the positions of many disillusioned 20-35 year olds as a result of the policy of this far Right winged ideologues governing for their own.

Major is pointing it out.

possibly, but it's a fact and i think once you get below 25 years it's almost impossible to get a mortgage, but that's not the question

fred - a result of the policy of this far Right winged ideologues governing for their own

total and utter rubbish, but then nearly all your posts are full of political soapbox claptrap

The last time I bought a flat it was 125 year lease.

The help to buy may be a good thing. It is too early to tell. The system is to help with the deposit. It effectively is an insurance policy on the deposit underwritten by the government to encourage banks, building societies to give a loan.

Prices are bound to rise a bit as a result of the market moving again. Prices have been artificially kept low recently. Prices would have jumped whenever the market started moving again.

But should the gov really be helping £100k pa plus punters to get on the property wagon?

I just watched the remembrance ceremony at the cenotaph. It reminded me of when Michael Ffot turned up there in a green donkey jacket. He managed 24% popularity, which was the lowest since polling began. It would be a long wait until Brown polled a lower figure. Socialism doesn't seem too popular in the UK.

MK - i don't know, but i don't the "rules" anyway, but i take your point ......

that said, if £100k only merits a mortgage of £3/400,000 then you won't get a lot in london unless you go as far out as say walthamstow, or perhaps in places likes brixton or harlesden

on the other hand, if you live in truro or even newcastle, then you should find something very nice for the money - though of course, salaries in those areas are generally far lower than in london