Business UK
Zero- deposit MORTGAGE offered to renters | Liam Halligan has the details
Watch as Will Kensington expresses concern about the state of the UK, arguing that Downing Street is no longer a place of power but has instead become Britain’s most expensive Airbnb.
This comes as Andy Burnham is set to become the UK’s seventh Prime Minister in a decade, with seemingly no one challenging the “King of the North” for the country’s top job.
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Business UK
Cabinet Office DEMANDS LGBT and ethnic figures on bank notes over DIVERSITY – ‘RIDICULOUS!’
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‘We have real pressing financial issues as a country. I find focus on stuff like this quite ridiculous!’
Nana Akua hits out at the Cabinet Office’s suggestion that banknotes should featurre prominent ethnic or LGBT figures from British history.
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France holds annual Bastille Day parade with different military regiments with foreign troops included. President Emmanuel Macron has invited leaders from The Coalition of The Willing to watch parade.
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‘You have the five permanent members on the security council that can veto, so anything that is done, Russia will veto it.’
Foreign affairs analyst James Marlow discusses the UN’s powers and limitations.
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@keithp6699
December 31, 2023 at 8:54 am
I've read up about this and it's very difficult to meet the criteria to actually get it. It's just an advertising gimmick.
@ox3965
December 31, 2023 at 8:54 am
What a load of crap, complete rip off, crazy interest rates. Good idea but needs some fixes, because paying rent is a waste of money and time. With the amount of rent I have paid in the last 10 years, I could have brought a house, the government need to do a proper scheme to help with out trying to screw people over or having banks come up with these nonsense 100% mortgages,
@Harte105
December 31, 2023 at 8:54 am
Back to 2008…
@arturkoriakin1766
December 31, 2023 at 8:54 am
I work in construction industry and the construction companies who build houses simply don’t share these ideas..
no matter how much they build they still want the biggest money for them.. they build mouldy poor quality homes and ask half a million for them..
I think the answer is 3-5% deposits instead of existing 10%..
@Jamal-jv8yc
December 31, 2023 at 8:54 am
Control the population and you won’t need to build as many houses. Build them where the jobs are?
New build houses are of terrible quality. Minimum standards need to apply.
@Jamal-jv8yc
December 31, 2023 at 8:54 am
How did the 2007 GFC start? Have we forgotten?
Sub prime mortgages.
High risk of negative equity.
We need to make sure that these casino banks aren’t being underwritten by the tax payer.
@billturner6564
December 31, 2023 at 8:54 am
Stop calling them conservative…. they never conserved a thing ..
Tory party
As 4 green does our lovely talking head know that Green ads another 30 K to the cost of building a mud sized home ??
No I bet dhe doesn't 😅
@chrisellis1232
December 31, 2023 at 8:54 am
The ACTUAL plan is to raise house prices to force the bank of mum and dad to use up all their monies to fund the BS, then they’ll raise interest rates so high people can’t pay their mortgages or rents and then the banks/state takes over 🤔 1984 right there
@phucknuts.7065
December 31, 2023 at 8:54 am
Mortgage- DEATH PLEDGE.
@Daisy-tl2lh
December 31, 2023 at 8:54 am
isn't the world still recovering from the sub prime disaster of 2008!
@paulmessenger9836
December 31, 2023 at 8:54 am
We must save the green belt
@liveloud9894
December 31, 2023 at 8:54 am
What could possibly go wrong 🤡
@nicholasdavies6264
December 31, 2023 at 8:54 am
And then the Bank of England or your mortgage lender will increase the interest rate until you are on the breadline ! Bwankers are wanting you to get into massive debt then they’ll take your home and all you’ve saved for .
@robertstallard7836
December 31, 2023 at 8:54 am
People looking to purchase a house should hang on for a bit.
There will be bargains to be had as increasing numbers of people default on their mortgages in the current financial squeeze and their houses are repossessed.
Because mortgage companies and banks want to recover funds as quickly as they can, they often sell way below market price at local or national property auctions.
Good opportunites will be there for first-time buyers or for those looking to incease a rental property portfolio!
@boootros
December 31, 2023 at 8:54 am
I pay £850 pm Rent, and Skipton offered us a mortgage for £22000… not even enough for the deposit for a mortgage 🤣🤣🤣
@shaunholmes9899
December 31, 2023 at 8:54 am
eco madness
@niall1437
December 31, 2023 at 8:54 am
They need build houses cheaper not for social housing that everyone can buy them.cause so people try get social houses and get refused.
Developers make a fortune building homes.
@niall1437
December 31, 2023 at 8:54 am
Another scam from governments load of nonsense
@johnryder8464
December 31, 2023 at 8:54 am
See how it works? Price the public out of the market re posses the house and rent it back to them. You will own nothing and be unhappy.
@haydenhoodless2055
December 31, 2023 at 8:54 am
We are facing the prospect of a shed sized home costing 40%+ of your wage and never paying it off becoming the norm. When us peasants have been forced out of every home they will cut them all up into smaller sections and make us pay the same amount again.
@malcolmabram2957
December 31, 2023 at 8:54 am
Good idea, get a house on a mortgage, and let others pay it for you.
@maccybear8093
December 31, 2023 at 8:54 am
All these new homes being built are all unaffordable. Zero deposit is a death sentence. £300k borrowing, and that doesn't get you much these days, is not just a gamble, putting all on red and hoping for the best, it's also a lifetime of being trapped in debt and depression.
The truth is we have entered a world of have and have nots. The new generations are simply screwed. You only have two kinds of young folks now, the ones who work, even in their sleep, and the ones who have resigned from that reality, they basically do nothing, which is equally depressing. Both are set up for a lifetime of misery.
I spent all of my 20's drinking, smoking, shagging and having careless fun. Towards the end of my 20's I got a decent job, within two years I had paid off all my debts, university and credit cards, and I saved a small amount, around £10k for a deposit. Purchased cheapish, and I'm still living in that apartment. The amount of borrowing was relative. This is the problem nowadays, borrowing is out of control, and they're providing zero deposit solutions, which is a scam. They'll give you all that money, but sooner rather than later they'll come to collect it all. Even if you manage to repay, you are totally screwed. For a property you will have no life!
@maccybear8093
December 31, 2023 at 8:54 am
Backwards island, 100 years behind the rest of the world.