Business UK
House price fall may make it ‘MORE difficult’ to get a mortgage says property expert
Independent Estate Agency Owner Jeremy Leaf discusses the recent fall in house prices, and its impact on the property market.
#property #housingcrisis #houseprices #uknews
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Business UK
‘Take that back!’ | BRUTAL Brexit clash gets PERSONAL over the impact of it on Britain’s economy
A heated Brexit debate erupts as broadcaster and author Emma Wolfe clashes with former Labour minister Bill Rammell over the impact of Brexit on Britain’s economy. The exchange quickly turns personal, with Wolfe challenging the arguments being made about Britain’s economic outlook and firing back with a blunt assessment: “Can we trust him? No.”
Wolfe also takes aim at Andy Burnham over what she describes as a “fiscal crisis looming”, accusing him of contributing to uncertainty in the markets. She dismisses Burnham’s attempts to point back to the 1980s and Margaret Thatcher when discussing the challenges facing Britain today, calling it “embarrassing” and arguing that responsibility lies with those in power now.
The debate reaches boiling point when Wolfe and Rammell clash over Brexit and its consequences for the British economy, culminating in the explosive demand: “Take that back!”
#brexit #clash #andyburnham
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Mark Littlewood says “we now live in gaslit Britain” after it emerged the Home Office published a guide for illegal migrants on how “not to rape women”.
It is just one of the resources available in a collection titled: “Understanding behaviours and expectations in the UK: a guide for asylum seekers”.
Posters and information on rape, the age of consent and child abuse are among the guides to help asylum seekers “understand what is expected when living in the UK”.
The guidance highlights child rape is illegal “even if they look older” or if “it is allowed in another country”.
Speaking to Patrick Christys on GB News, political commentator Mark Littlewood said: “This pamphlet is extraordinary. And the reason I find it so extraordinary and disturbing is if you need that pamphlet, I don’t want you anywhere near my country.”
A Home Office spokesperson told GB News: “We expect everyone who comes to the UK to abide by our laws.
“If they do not, they will face consequences, including the refusal of their asylum claim and removal from the UK.
“Returns of failed asylum seekers have reached their highest level since 2010 under this Government.”
#MigrantCrisis #news #ukpolitics #uknews #GBNews
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Business UK
‘PATHETIC’ Establishment CLUELESS as Britain hurtles to economic DISASTER: Justin Urquhart Stewart
Justin Urquhart Stewart says the main parties in Britain: Labour and the Tories’ knowledge on the economy is ‘pathetic’, while …
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Peter Bleksley discusses a spate of crime in Middlesbrough.
#middlesbrough #crime #police #uknews
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Business UK
Andy Burnham’s public spending plans will BANKRUPT Britain – the public will HATE his only solution
Beat the system with TallyMoney. Gold you can spend. To get 50% off your activation fee, use code GBN50 on the activation screen: https://click.tallymoney.com/A64P/4k8yvy83 #ad
Patrick Christys delivers a damning monologue claiming Andy Burnham’s borrowing and spending plans will bankrupt Britain.
In his PMQs debut, Prime Minister Andy Burnham defended his economic strategy against a backdrop of 18-year high national borrowing costs.
Facing sharp questioning from Tory leader Kemi Badenoch regarding debt management and budget cuts, Burnham attributed current market instability to the structural vulnerabilities inherited from the previous administration.
Stepping into the role following Sir Keir Starmer’s exit in July, Burnham told Parliament his leadership would balance rigorous fiscal rules with targeted relief for the public’s rising cost of living.
#andyburnham #tax #economy #parliament
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@ketoman78
January 27, 2024 at 8:28 pm
I rather keep on renting in London and buying a small lovely house later on 100s of miles away from here cheap, for my older age if I'd stay in the UK (which I doubt). Safer, less stressful, cheaper. Once you have a hefty mortgage with low deposit, it's like having an axe on your neck for about 30 years. Thank you, but no thank you.
@BilloBob1231
January 27, 2024 at 8:28 pm
Hahahaha keep laughing you have no idea what your talking about
@mrmeldrew693
January 27, 2024 at 8:28 pm
Of course it will, my mortgage will rise by about £300 a month next year. I've had my house 8 years and paid a sensible price at that time.
Not a chance in hell I could buy my house from scratch now, despite having relatively healthy pay rises.
@TF-cn6oj
January 27, 2024 at 8:28 pm
So if your a cash buyer your laughing
@ngselina4638
January 27, 2024 at 8:28 pm
Actually still lots of affordable buyers from aboard will seize the chance to invest.
@ngselina4638
January 27, 2024 at 8:28 pm
There was a case that the solar panel caused fire on the whole roof in a new built house, horrible 😩
@ph8077
January 27, 2024 at 8:28 pm
Another agent punched on the nose by an unhappy customer?!
@paul.ashford
January 27, 2024 at 8:28 pm
In my opinion, a housing market crash is imminent due to the high number of individuals who purchased homes above the asking price despite the low interest rates. These buyers find themselves in precarious situations as housing prices decline, leaving them without any equity. If they become unable to afford their homes, foreclosure becomes a likely outcome. Even attempting to sell would not yield any profits. This scenario is expected to impact a significant number of people, particularly in light of the anticipated surge in layoffs and the rapid increase in the cost of living.
@skndulge
January 27, 2024 at 8:28 pm
90% of the properties I’ve viewed over last 3 years have been owned by landlords, it’s rarely ever the home owner that lives in the property.
@kinglouiesshed8995
January 27, 2024 at 8:28 pm
Simple.
Stop telling the people who are paying 750-1000 pm in rent we can’t afford a 570pm mortgage and we’ll get more people on the ladder
@stephfoxwell4620
January 27, 2024 at 8:28 pm
The average house is ten times the value it was in 1980.
And a hundred times the value it was in 1960.
@linkwinmathego5109
January 27, 2024 at 8:28 pm
It's all messed up. Weren't they thinking of having negative interest rates during the pandemic. So much for insight and planning. These policy makers should be booted out.
@al1356
January 27, 2024 at 8:28 pm
Market is manipulated by estate agents, mortgage lenders, banks and builders. Put a restriction on how long land can be held before being built on and abolish councils from being able to take cash payments as part of section 106 agreements. Force the builders to build on banked land and you will free up the market, it is being manipulated by those in the chain to ensure margins are as high as possible
@joannazian7699
January 27, 2024 at 8:28 pm
What a load of rubbish. Because the prices go down, it'll be more difficult to get a mortgage???
The only reason getting a mortgage will be more difficult is high rates that are rising on a daily/weekly basis meaning the buyers' affordability shrinks at the same rate and if someone doesn't pay attention to it, they may think they can still buy houses at the prices they could just a month two months ago or at the time of receiving their DIP.
@bdoubleeb3039
January 27, 2024 at 8:28 pm
House prices go up, bad, house prices go down, bad. Clown world.
@amazighman2
January 27, 2024 at 8:28 pm
Greedy sellers and greedy landlords
@TheRealMrLaserCutter
January 27, 2024 at 8:28 pm
Lots of vested interest now trying to scare the government into propping up the market.
@erushbass8326
January 27, 2024 at 8:28 pm
As a cash buyer I'm laughing my ass off at this.
@atomiclemon77
January 27, 2024 at 8:28 pm
40 seconds in and I can't handle it. Who are these people lol.
@bertfranciscorealuyo7379
January 27, 2024 at 8:28 pm
😢ano dwa
@maxpower1797
January 27, 2024 at 8:28 pm
We are walking in to a depression.
@spurs541
January 27, 2024 at 8:28 pm
Cost of building materials labour rules and regulations houses will never be cheap
@englishpatriot5633
January 27, 2024 at 8:28 pm
The system is set up to protect and endow the rich nothing will get better
@goalhanger6073
January 27, 2024 at 8:28 pm
without landlords most properties would be still badly neglected. facts. we need landlords and more but only as credit is so hard to get.
@goalhanger6073
January 27, 2024 at 8:28 pm
if you rent for 3 years not missed a payment and have a strong job with regular income for last 3 years you should be able to get a mortgage. but it’s the credit score which doesn’t really help anyone. most people got into debt in their 20s and rent without a chance to buy. this needs to change. give those a second chance.
@MateuszSosnowicz
January 27, 2024 at 8:28 pm
Price and migration controls are the only solution to the housing dilemma if we can reverse the inflow to an outflow and control housing we could give every indigenous European a dignified place to start a family and stop our birth decline from 1.2 to maybe 3
@prycelessly
January 27, 2024 at 8:28 pm
I call BS! The lower the price, the better for the well qualufied buyer. Banks have no problem entering mortgage agreements with strong investors.
@sweetvuvuzela4634
January 27, 2024 at 8:28 pm
No no crash sunak and co will delay it as much as possible
@kayhussain8468
January 27, 2024 at 8:28 pm
Who in the right mind would want but a house next 3 years
@somethinglikeanonymous1773
January 27, 2024 at 8:28 pm
I blame the immigrants.
@Tonk1e
January 27, 2024 at 8:28 pm
the market will collapse and it will be a good thing. when house prices are 7.5x annual wages or more its unsustainable. it should be 2.5 to 3x. expect a 50% drop
@Poultrymad
January 27, 2024 at 8:28 pm
We don't need more houses built, we need less people in the country & a ban on foreigners buying to rent at extortionate prices. We should also use brownfield sites, renovate & restore older buildings instead of knocking them down as most were better built than todays shoeboxes.
@mattx4253
January 27, 2024 at 8:28 pm
solar panels are a total waste of money and so are stupid green techs with only insulation being worth doing.
@user-ub4pl6tz2e
January 27, 2024 at 8:28 pm
Remember we had 15 years of very low interest rates 0 percent
Thanks , paid off early
Free morgage
But my council tax a mortgage???
But the good news am on low-income
My council tax low also
Much better offer
Play the system
Street wise TAL
@monktontrimble763
January 27, 2024 at 8:28 pm
Youll own Jack shit be skint be homeless …but guess which 1000 a day invadees WONT BE???
@billytollerton4220
January 27, 2024 at 8:28 pm
All planned .
@visiblekoment
January 27, 2024 at 8:28 pm
You dont need solar panels to meet building regs.
@stephengreen2626
January 27, 2024 at 8:28 pm
Whether or not you like GB news, they are covering cost of living and housing really well at the moment. Before you rub your hands that by somebody else losing money you can get a cheap house, it needs to be borne in mind that you might not get that mortgage to do so. Opportunity must align with preparation.
@xDAAAZEx
January 27, 2024 at 8:28 pm
Fair enough saying it’s better to get a house over renting. However when rent is so high, it’s wiping out any chance of saving for a deposit, it’s just never going to happen….
@bestyoutube5318
January 27, 2024 at 8:28 pm
House price goes down so the new invaders will get interest free to buy the now cheeper houses ? 🤮🇬🇧
@doubleooh7337
January 27, 2024 at 8:28 pm
Only a low IQ person would think this backwards
@kickpublishing
January 27, 2024 at 8:28 pm
This happens every 4 years. 6 months from now the news will be that they’re rising. It’s done to cool down or heat up the nuclear reactor that is modern monetary theory
@ainanarvaez9496
January 27, 2024 at 8:28 pm
I'm favoured, $230K every weeks! I can now afford anything and also support God's work and the church.
@marcoducceschi3849
January 27, 2024 at 8:28 pm
House prices are falling and will fall this year 2024 and 2025. I also believe house prices in ten years will be less than they are now
@connormcleod9595
January 27, 2024 at 8:28 pm
Wait till 2025 and get the property 30% less. Let time do the negotiating.
@taresy6789pp
January 27, 2024 at 8:28 pm
I am struggling save for a haribo lol never mind a mortgage 😂😢
@iancoles1349
January 27, 2024 at 8:28 pm
Ai is going to change everything soon anyways.And things are not going ing to get back to before.
@DDD-xx4mg
January 27, 2024 at 8:28 pm
If your bought 20+ years ago happy days
@somethinglikeanonymous1773
January 27, 2024 at 8:28 pm
We need to increase house prices!