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| The insincere weasel getting interviewed on Andrew Marr shortly.
I hope he get's a hard time.
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| Quote WIZEB="WIZEB"The insincere weasel getting interviewed on Andrew Marr shortly.
I hope he get's a hard time.'"
Since when has wingnut given any politician a hard time? Marr's sucked enough political cock to put a handrail around the British coastline
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| Quote cod'ead="cod'ead"[uSince when has wingnut given any politician a hard time[/u? Marr's sucked enough political cock to put a handrail around the British coastline'"
Fair point.
Clegg is going to let parents and grandparents use their pension pots as security for their offspring to get mortgages and to get their feet on the property ladder. 
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| Quote WIZEB="WIZEB"Fair point.
Clegg is going to let parents and grandparents use their pension pots as security for their offspring to get mortgages and to get their feet on the property ladder.
'"
I'd do that if it obtained a mortgage for either of mine, my pension pot is fooked as a pension pot now but its still more than is required for either of them to use as security, I've rolled over and accepted that those who control the money supply have shagged me senseless over the past forty years and so all thats left now is for me to pass on what I can to my offspring.
I'm not thinking of going anytime soon you understand though...
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| Quote McLaren_Field="McLaren_Field"I'd do that if it obtained a mortgage for either of mine, my pension pot is fooked as a pension pot now [ubut its still more than is required for either of them to use as security[/u, I've rolled over and accepted that those who control the money supply have shagged me senseless over the past forty years and so all thats left now is for me to pass on what I can to my offspring.
I'm not thinking of going anytime soon you understand though...'"
You got 80 grand minimum in your pot then McF?
Sounds a load of baloney to me and not getting anywhere near the root/heart of the problem.
The Lib-Dems ''admitted the scheme is still at the early stages of development'.
Mmmm!
[urlhttp://www.guardian.co.uk/politics/reality-check/2012/sep/23/nick-clegg-pension-property[/url
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| Quote WIZEB="WIZEB"You got 80 grand minimum in your pot then McF?
'"
Quoted from that article...
Quote WIZEBFirstly, to clarify, the limit on guarantees will be dictated by how much an individual can take out of their pension pot as a lump sum cash payment when they retire. This is usually about 25% - which is where that figure came from - but it will depend on an individual's scheme.
- There is not formally a minimum on pension pots to take part in the scheme, but the party suggests that home buyers would need at least £10,000 for a deposit. Based on the limits on cash payments, that would suggest they would need at least £40,000 in the pot to take part.
- Taking this "indicative" £40,000 figure, the party's research suggests about a quarter of a million people currently have £40,000 or more in their private pension pots. '"
I could cover that amount and bearing in mind that I don't, can't retire until I'm well past 65 (if we want to keep this house its going to be 70 as a minimum) then standing as guarantor for £10k against a property for the next ten years is probably safer than trusting NatWest to run the fookin thing efficiently, the jury is out on whether Aviva (who have bought NWB pension business) can do a better job.
Before I heard of this suggestion I was seriously thinking of taking out a further advance on the mortgage next year to give to the eldest as a deposit, her and her boyfriend have "professional" qualifications and jobs but are years and years away from saving anything like a deposit amount - when I was her age my dad lent me £500 which was all I needed to secure a mortgage on my first flat 
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| Quote WIZEB="WIZEB"Clegg is going to let parents and grandparents use their pension pots as security for their offspring to get mortgages and to get their feet on the property ladder.
'"
The best thing that could happen to the housing market is the reintroduction of the three time salary guideline in terms of what you can borrow.
I'd say I hate banging on about this, but I really don't
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| Quote WIZEB="WIZEB"
Clegg is going to let parents and grandparents use their pension pots as security for their offspring to get mortgages and to get their feet on the property ladder.
'"
Yup, sounds like a real idea. Let parents & grandparents use their pension pot so the kids can get a mortgage. Then the kids can rermortgage the gaff to pay for the care of their parents & grandparents. I can see this one has been thought through carefully and predict it will fly [size=30all the way to the wastepaper bin[/size
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| Quote cod'ead="cod'ead"Yup, sounds like a real idea. Let parents & grandparents use their pension pot so the kids can get a mortgage. Then the kids can rermortgage the gaff to pay for the care of their parents & grandparents. I can see this one has been thought through carefully and predict it will fly [size=30all the way to the wastepaper bin[/size'"
Aye, it sounds a load of bollards.
Mind, I'd be feeling desperate if I was lagging behind Nigel and his party in the polls. 
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| Quote John_D="John_D"The best thing that could happen to the housing market is the reintroduction of the three time salary guideline in terms of what you can borrow...'"
Agreed.
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| Quote John_D="John_D"The best thing that could happen to the housing market is the reintroduction of the three time salary guideline in terms of what you can borrow.
I'd say I hate banging on about this, but I really don't'"
Yep.
Average wage = £25,000
Average house price = £240,000
Also there's the issue of rent. There are too many people paying effectively a mortgage rate as rent.
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| Quote Him="Him"Yep.
Average wage = £25,000
Average house price = £240,000
Also there's the issue of rent. There are too many people paying effectively a mortgage rate as rent.'"
I came up with a solution to affordable rents some time ago
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