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.

i concur - i too am puzzled (taken aback) by this £600k ceiling (£400k) in scotland ..... i know london is very expensive indeed, but even there, surely an adequate "first time" flat can be bought for <£400k, and once you get to say kent, then £200/250k should buy you quite a nice house in good condition

Cynic.

If as suggested by Cameron is carried through, it strikes me that the at 3% interest payment, which is the least it will be least in 3 years time the payment will be £17,000 a year.

Including costs and reduction payments the sum will be at the very least, close to £20,000-25,000.

When you consider the average income is said to be £26,500 (I would like to see the break down of that figure by age) I will leave to you the "social" consequence of the policy.

I think is another "back of cigarette packet" reflex policy and will go down a bomb outside London.

28 con party London MPs may be cheering it, 45 London MPs probably won't be.

It will increase the differences across the country and will be seen that way.

I think the sink looks more like a sluice.

I understand why it is needed.

8-)

http://career-advice.monster.co.uk/salary-benefits/pay-salary-advice/uk-average-salary-graphs/article.aspx

Haystack - post 30144 - what a fantastic idea. I presume the right tap is for red and the left tap for white.

Vote ukip our only hope

A butter encouraging a vote for the nutter party.

When interest rates rise and they will do a lot quicker than some think i hate to think just what the housing market is going to look like.

IMO this is the USA 2007 - 2011 but a lot worse.

Wavy Davy and U Turn George are panic striken.

Even the Forces have now turned on them.

Both of them along with the cabinet havent a clue and why should they given their isolated priviledged upbringing.

Lab today 11 points in front in a right wing tory sheet. This is just the beginning.

Tory conference exclusive: Donors are deserting the Conservatives for Ukip


Since 2010, 14 major supporters switch to give £500,000 to Eurosceptics, while Nigel Farage also picks up smaller donations as numbers giving to Tories is halved


Jane Merrick, John Rentoul


Sunday 29 September 2013



A string of Conservative donors has deserted David Cameron and poured nearly half a million pounds into Ukip's election fighting fund, The Independent on Sunday can reveal.


Fourteen individuals have switched support from the Conservatives to Nigel Farage's party in the three years since the 2010 election, donating £488,000 to Ukip. An analysis of Electoral Commission figures also shows that the number of individual donors to the Tories overall has halved since the election, while the average donation has decreased by £14,000.

News of the donor-defectors to Ukip emerged on the eve of the Tory party conference in Manchester, in which the Prime Minister will urge the country not to give up on the coalition's austerity plan, declaring that "we are on the right track" and that the Tory party is there "for hardworking people".



http://www.independent.co.uk/news/uk/politics/tory-conference-exclusive-donors-are-deserting-the-conservatives-for-ukip-8846599.html

Many say chase the money when something is suspicious.

Who does finance UKIP and come to that, have we seen a complete list of cons "sponsors"?

You could say that for all the parties...where do they get the money?

Cons = companies and rich folk.

No Lab = Unions and the precept.

Dim/Libs = where do they get their money?

Ukip = seem to be attracting disgruntled tories.


You guess is as good as mine.

fred - i don't know how this "help to buy" thingy actually works, but a £200k mortgage - a reasonable guess for a good house in a decent area - will cost about £8.5k pa = £950 pm (don't forget tax allowances) on a 25 year mortgage (I'ld guess) ...... if both partners are working in admittedly quite well but hardly excessively paid jobs, that should be affordable without hardship

Yes, £8-9k in interest on the loan, what about the principal?

Labour is Unions, companies and rich folk. A large amount of their money used to come from large individual donations. That has changed and most donors have left Labour and now they have not much more than the unions. It will be interesting to see if they get any money for the election.

I bet they do.

MK.

The figures (from memory) I used was incomes and not salaries.

But either would do.

The thing relevant is distribution of "income" to age of "group" who may wish to initiate in housing market and accept "unreasonable" risk.

Hyper-valuation, within the market increasing, due to subprime mortgage.

Also, more of a problem is low expected increases in incomes for the lower end of the income groups.

£200 grand for first time house Cyners, cant swing a cat round in them cereal boxes.

you obviously live in a very smart and expensive area ..... in any case, as a first time buyer, you can't expect to live in a some 4-bedroom detached with a nice garden

=============

MK - you're right of course; my brain was being unusually dead even for me, so add £8k pa = approx £650 pm for capital over 25 years, bring the monthly total to about £1,600 on a £200k house

However, don't forget there is surely still mortgage tax relief and also, as the years go by, both capital and interest get repaid.

i'm sure there's someone here who can readily work out the true monthly repayment (have arbitrarily allowed 4% interest over the period)before tax relief

anyway, surely it's better to have some help than none?

electionista ‏@electionista 23h
UK - YouGov/Sunday Times poll: CON 31%, LAB 42%, LDEM 9%, UKIP 13%

Anyone else think theirs a chance of Britain becoming a 2 party nation?.

Heres my senario going up to next election...... Tories do a deal with UKIP and have 44% of vote, labour have 42% so obviously cant beat them even with fringe partys.

Lib dems become fed up and frustrated so join labour which gives them 52% of vote a overal majority of 8%.

As time goes by more and more Liberals fully join labour and both partys integrate, meanwhile Tory back benches cant do with extreme right wing antics of UKIP and their alliance breaks up.

Tories are left as a small fringe party and dead in the water.

COULD EASILY HAPPEN.