New Posts For Thread: Thatchers right to buy policyhttps://community.betfair.com/chit_chat/go/thread/view/94038/30643365/thatchers-right-to-buy-policyHow did they they justify the 25% discount?Not at exactly a free market policy was it with a 25% benefit.sounds like it was all a case of bad timing , a pity as i still belive this sytem would work well normally . 15% is terrible interest to pay when wages werent rising that fast - not sure wh y the difference was so high .I know i was paying 4% when ihttps://community.betfair.com/chit_chat/go/thread/view/94038/30643365/thatchers-right-to-buy-policy?post_id=547590179#547590179sounds like it was all a case of bad timing , a pity as i still belive this sytem would work well normally . 15% is terrible interest to pay when wages werent rising that fast - not sure wh y the difference was so high .I know i was paying 4% when iMon, 25 Jan 2016 12:11:55 -0600I seem to recall that those deferred interest mortgages were quite high loan to value when property prices were very high, and a means of allowing people to buy when their income didn't allow them to borrow enough at normal rates. The theory was thathttps://community.betfair.com/chit_chat/go/thread/view/94038/30643365/thatchers-right-to-buy-policy?post_id=547590027#547590027I seem to recall that those deferred interest mortgages were quite high loan to value when property prices were very high, and a means of allowing people to buy when their income didn't allow them to borrow enough at normal rates. The theory was thatMon, 25 Jan 2016 11:54:11 -0600hope you can make out how i have written it there bix - i made a right dogs dinner of it as usual .#https://community.betfair.com/chit_chat/go/thread/view/94038/30643365/thatchers-right-to-buy-policy?post_id=547589873#547589873hope you can make out how i have written it there bix - i made a right dogs dinner of it as usual .#Mon, 25 Jan 2016 11:32:43 -0600Bix: 'The big hike in monthly payments resulted in a lot of reposessions.'Coach: I understand , 15% is a huge amount to pay back , but repossesion should be a real last resort , the aim should be just be to furnish the interest ,as long as the debhttps://community.betfair.com/chit_chat/go/thread/view/94038/30643365/thatchers-right-to-buy-policy?post_id=547589863#547589863Bix: 'The big hike in monthly payments resulted in a lot of reposessions.'Coach: I understand , 15% is a huge amount to pay back , but repossesion should be a real last resort , the aim should be just be to furnish the interest ,as long as the debMon, 25 Jan 2016 11:31:09 -0600"i'm alright jack" daily mail reader types I don't think many Daily Mail readers were in favour of flooding the country with cheap labour and sending the population through the roof.Same old socialists, wreck everything then blame someone else.https://community.betfair.com/chit_chat/go/thread/view/94038/30643365/thatchers-right-to-buy-policy?post_id=547589833#547589833"i'm alright jack" daily mail reader types I don't think many Daily Mail readers were in favour of flooding the country with cheap labour and sending the population through the roof.Same old socialists, wreck everything then blame someone else.Mon, 25 Jan 2016 11:25:59 -0600,so ypure like owing interest on the interest In about 1987/8 we had deferred interest mortgages where borrowers paid a low rate in the first few years after which the interest which han't been paid was added onto the capital borrowed and the rate wehttps://community.betfair.com/chit_chat/go/thread/view/94038/30643365/thatchers-right-to-buy-policy?post_id=547589753#547589753,so ypure like owing interest on the interest In about 1987/8 we had deferred interest mortgages where borrowers paid a low rate in the first few years after which the interest which han't been paid was added onto the capital borrowed and the rate weMon, 25 Jan 2016 11:18:33 -0600Selling council houses was a terribly short sighted move. I don't think any government of any colour has built enough houses in any year in the last forty plus years. Hence house price inflation pricing the youth out of the market. Anyone who carehttps://community.betfair.com/chit_chat/go/thread/view/94038/30643365/thatchers-right-to-buy-policy?post_id=547589561#547589561Selling council houses was a terribly short sighted move. I don't think any government of any colour has built enough houses in any year in the last forty plus years. Hence house price inflation pricing the youth out of the market. Anyone who careMon, 25 Jan 2016 11:00:28 -0600Houses couyld be made easier to buy though - there are enough houses right ? it's just that too many are second homes,owned by landlords or under occupied .why not have interest only ? and also segment the payments so you pay much more later on if ahttps://community.betfair.com/chit_chat/go/thread/view/94038/30643365/thatchers-right-to-buy-policy?post_id=547589357#547589357Houses couyld be made easier to buy though - there are enough houses right ? it's just that too many are second homes,owned by landlords or under occupied .why not have interest only ? and also segment the payments so you pay much more later on if aMon, 25 Jan 2016 10:40:28 -0600Also we've got a lot more single people living on their own.That can't help.https://community.betfair.com/chit_chat/go/thread/view/94038/30643365/thatchers-right-to-buy-policy?post_id=547588501#547588501Also we've got a lot more single people living on their own.That can't help.Mon, 25 Jan 2016 09:11:37 -0600Thatcher's right to buy was appropriate at the time, but events have overtaken it. We had a population of 50-55 million with plenty of houses to go around.It was all nicely balanced.She didn't know that we would be expanding the population at the rathttps://community.betfair.com/chit_chat/go/thread/view/94038/30643365/thatchers-right-to-buy-policy?post_id=547588479#547588479Thatcher's right to buy was appropriate at the time, but events have overtaken it. We had a population of 50-55 million with plenty of houses to go around.It was all nicely balanced.She didn't know that we would be expanding the population at the ratMon, 25 Jan 2016 09:10:03 -0600