Bullick's proposal was too clever and like all such it was rejected by the dimwits who advise Blunderer.
Instead, Boris the Blunderer and his partying special advisers dreamt up an idea so startlingly divisive and impractical it must have been a practical joke.
Blundering Boris wants people on benefits to be able to use taxpayer's money to fund a mortgage!
Over to Bullick..."the whole reason people are on housing benefits is because they cannot make ends meet on their own. No lender will consider them a good candidate for safe mortgage lending:plus, where will they get their deposits?
Bullick makes the further point that hard-working people struggle to get and fund their mortgages...."those who make sacrifices to get on the housing ladder should not have to fund this mad idea"
Come on, Mr Gove...open your eyes and examine the Bullick Proposal.
After the disaster of Thatcher selling 2.6 million council homes cheap depriving the market of low cost rentals Johnson plans to the same with HA stocks
ReplyDeleteYou are only allowed £16k of savings to get Housing benefit and that won't go anywhere to get a deposit on a property in reasonable condition so how are they going to get a proper deposit....a government load? Sheer lunancy.
ReplyDeleteI read in the FT that an major lender said none of the applicants would like pass the basic credit checks.
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