hesitation on the feb rate rise, page-35

  1. 2,627 Posts.
    atomu....rate rise There was govt scheme started in Sept,2001

    The UK govt loaned about 10,000 pounds and it was interest free until the property was sold.There were some other type of cocktail loans and seemed a good idea.

    The loans were for nurses,teachers and dirty rotten coppers.LOL.

    Just to side track you for a moment I hope the govt will lift the tax threshold this year when deciding how to hand some of our taxes back.As a youngster I bought my first block of land when I was 20 and I hope the youngsters do the same.Once my land was paid of it was all down hill from there.If the threshold is lifted then this may also help them buy some cheap real estate.To rely on a Super Scheme seems to be stupid.By the time most people reach 60/65 years old I think most fund managers will have pissed your hard earned money up against the wall.

    Paddy
 
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