Monday, 11 November 2013

"This is all about prising lazy people off the property ladder”

From the BBC:

Estate agents have reported a strong uptake in the first month of the government's extended Help to Sell guarantee scheme.

The Royal Institute of Chartered Surveyors said they had received a total of 2,384 applications from rentiers keen to sell their homes, potentially worth £365m in mortgages...

The government welcomed the figures, saying the scheme was "sending a message to those who can't be bothered to get a proper job and who have hogged too much housing for far too long" and helping hard working first-time buyers replace them on the property ladder.

"Four weeks in and its clear that Help to Sell is already delivering," said Prime Minister David Cameron.

"Most Help to Sell applicants are multiple landlords, late middle aged, who have very little in the way of earned income. This is all about prising those people off the property ladder again."