Business UK
Mortgage Support: ‘Renters will be frustrated with lack of support’ argues Ben Cope
‘Renters will be frustrated that they are not receiving any support.’
Political Commentator for Young Voices UK, Ben Cope, discusses Jeremy Hunt’s new measures to help homeowners with mortgage repayments but argues it will ‘only prolong the cost of living crisis for renters.’
#mortgages #mortgagerates #interestrates #bankofengland #jeremyhunt
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Donald Trump hails “extremely positive and productive conversations” with China as the President speaks at a state banquet with the Chinese President Xi Jinping in Beijing.
#DonaldTrump #China #WorldPolitics #WorldNews #GBNews
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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.
#Labour #PrimeMinister #KeirStarmer #UKNews #GBNews
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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.
#cabinetoffice #lgbt #uknews #ukpolitics #gbnews
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Join Martin for an up-to-the-minute take on the day’s events delivered in his own unique and lively style.
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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.
#paris #bastille #french #zelensky
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@user-gz6tx6yp3v
January 5, 2024 at 10:46 pm
The generation before us had MIRAS.
they should bring it back.
@jacksingh4033
January 5, 2024 at 10:46 pm
The don't give a fk there motto is let them sink I remember late 80s early 90s negative equity when we had probably the worst post war pm John major who had much charisma as a sprout
@marumaru6084
January 5, 2024 at 10:46 pm
Be clear the government is deliberately making the renter situation worse, 1.2 million extra migrants this year alone!!! adding extra demand on a very tight market!!!
@muhammedrahman7013
January 5, 2024 at 10:46 pm
Another Government Bank Bailout on the way, or should I say Tax Payers Bailout the Banks! It's Game Over little britain! ❤️🇷🇺❤️"From Russia with Love"
@ATA12354
January 5, 2024 at 10:46 pm
Am I missing something? Can we not increase VAT, won’t that curb spending habits and pay back the National debt? Moreover, won’t rich people have to contribute more as they buy more expensive things anyway?
@matthewcook9404
January 5, 2024 at 10:46 pm
Yawn. They could always move abroad.
@tonygyles7351
January 5, 2024 at 10:46 pm
All this Government has done in the last 13 years is borrow money whenever there is a problem.
They cannot afford to print or borrow more money.
They are clueless and useless.
@glakiteejit1718
January 5, 2024 at 10:46 pm
Here’s a suggestion… treat everyone with respect and provide help equally !
Not everyone owns a house .. and I’m sorry , you get a mortgage , you know ahead that potentially the rate could climb !! So why should YOU get special treatment over others !!?? You made the choice…by the way I have a Mortgage so I know this is my responsibility
It’s the Govts job to get this inflation under control not babysit my mortgage !!
@Juliukas101
January 5, 2024 at 10:46 pm
Mortgage-payers deserve help. Tenants do not! Mortgage-payers are better than horrid common tenants who are just losers who will never own anything!
@alphadash8861
January 5, 2024 at 10:46 pm
I feel that if any relief measures are put in place, it should be for owner/occupiers only – the "buy-to-let" model is clearly struggling, but should be left for the market to sort out (just like any other business).
@aerotus888
January 5, 2024 at 10:46 pm
All of us over leveraged and bought bigger properties over the pandemic! Now we can't cope with interest rate rises! Save us!!!
@stephenbermingham6554
January 5, 2024 at 10:46 pm
The day when government goes bankruptcy will be a good day.
@misfit2022
January 5, 2024 at 10:46 pm
This will always available so all this is doing is making people aware but really nothing new is happening here. They never helped savers when interest rates were kept artificially low so I don’t see them helping now.
@telephassarose3501
January 5, 2024 at 10:46 pm
Rental support also lags.. the Local Housing Allowance is still set at 2020 rates, (locally) which is making it only approx 60% of actual average rentals.
The rental market is becoming impossible for both tenants & landlords & this govern has made things worse, undoubtedly.
@paulwild4330
January 5, 2024 at 10:46 pm
People who rent are not all Tory voters so why help them? That’s the problem with leaders who favour only their vote base. They are only holding the fort until the people remove the lot
@MinkieWinkle
January 5, 2024 at 10:46 pm
Every time government gets involved, they make things worse.
Just let the markets fix them selves. Stop kicking the can down the road.
All these "help" schemes have exacerbated the issue
@jordanansell6488
January 5, 2024 at 10:46 pm
Money printer go brrrrrrr
@p-kt6ee
January 5, 2024 at 10:46 pm
So people who can not afford their credit cards lose their credit score but people who can not afford their mortgages get a free ticket? This is how the uk government functions, god forbid property prices fall and renting becomes less profitable for all the mp’s wealth from property.
@p-kt6ee
January 5, 2024 at 10:46 pm
So at minimum to get into a property you need the help of generational wealth plus mortgage support…
@notjustforhackers4252
January 5, 2024 at 10:46 pm
The TAX payer should not be supporting peoples mortgages, that is unaccaptable, The government cannot be allowed to 'take ownership' or control of private property. The people bailed the banks out, time for the banks to return the favour.
@widervision710
January 5, 2024 at 10:46 pm
Need to fully grasp these Brexit freedoms that we now have?
Build back better & Take back control…..
500+ will make the journey today…..
@jumior
January 5, 2024 at 10:46 pm
so what going to happen within the 6 mouths?
@aprilfox1057
January 5, 2024 at 10:46 pm
Bank of England is a load of BOLLOCKS under Andrew Bailey. It’s locked us all into a corner for years to come.
@louminarty
January 5, 2024 at 10:46 pm
Great, renters will get frustrated but pride get a whole month! 😤😤😤 FUMIN HUN!! 😠😡🤬
@aprilfox1057
January 5, 2024 at 10:46 pm
CAUTION! Before you alter your mortgage terms be sure it will not affect you CREDIT SCORE – it could cost you £1000’s. Act with caution.
@christineroberts9780
January 5, 2024 at 10:46 pm
Meanwhile a civil war has just kicked off…..😳😳😳
@stormcrow6986
January 5, 2024 at 10:46 pm
It’s almost like they want people to default on their payments so homes can be repossessed and what’s your bet that they’ll be rented out to the undesirables!
@charlotte8121
January 5, 2024 at 10:46 pm
So the middle class have parents to help them while the poor have circo hoovering up all the rentals so they don’t even have a temporary home let alone mummy and daddy paying for their owned one!
@saxonstacker1078
January 5, 2024 at 10:46 pm
….there's going to be a lot of new homeless people in the next 12 months whether you rented or owned. It's looking very grim.
Banks and politicians put us here.
@johngraves2755
January 5, 2024 at 10:46 pm
I wonder how many 'overstretched' themselves when mortgage rates were low without budgeting for interest rate rises?