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Chat Area => General Discussion Area => Topic started by: Nickbat on 30 May 2009, 15:06:32

Title: 100% more helped to avoid repossession!
Post by: Nickbat on 30 May 2009, 15:06:32
Wow!

For all those facing repossession, this must be very welcome news indeed (sarc /off). ;) ;D

http://www.telegraph.co.uk/finance/newsbysector/constructionandproperty/5407955/Mortgage-rescue-plan-accepts-just-two-families.html
Title: Re: 100% more helped to avoid repossession!
Post by: crazyjoetavola on 30 May 2009, 15:40:00
Quote
Wow!

For all those facing repossession, this must be very welcome news indeed (sarc /off). ;) ;D

http://www.telegraph.co.uk/finance/newsbysector/constructionandproperty/5407955/Mortgage-rescue-plan-accepts-just-two-families.html



Ministers promised that it would offer 'real help now' to homeowners living with the threat of repossession

I've just lost the contents of my bladder - due either to shock or the uncontrollable laughter  I experienced when I read this piece.  Now, why wasn't I surprised?  ;) 

Another fine example of our legislators dark art of saying something - for the sake of appearing to be in touch with the problem - but ultimately meaning nothing ::) ::) :y.....  nada......zilch......zeeroo!

Highlighted text courtesy Telegraph.co.uk
Title: Re: 100% more helped to avoid repossession!
Post by: STMO123 on 30 May 2009, 16:07:41
It apparently takes 3-6 months to put everything in place, by which time, of course, you've lost your house or got so far behind that you dont qualify.
Title: Re: 100% more helped to avoid repossession!
Post by: crazyjoetavola on 30 May 2009, 16:12:03
Quote
It apparently takes 3-6 months to put everything in place, by which time, of course, you've lost your house or got so far behind that you dont qualify.


Could only happen here STMO :D :D :y
Title: Re: 100% more helped to avoid repossession!
Post by: ScottieMV6 on 30 May 2009, 18:14:21
Thank god we rent. I know some people say its dead money but we don't have to worry about repo and we can move whenever we feel like it!!  ;D
Title: Re: 100% more helped to avoid repossession!
Post by: Banjax on 30 May 2009, 21:42:29
interesting to contrast that with how easy it was for MP's to claim mortgage payments  :-/
Title: Re: 100% more helped to avoid repossession!
Post by: crazyjoetavola on 30 May 2009, 21:51:20
Quote
interesting to contrast that with how easy it was for MP's to claim mortgage payments  :-/


bannjaxx, it's even more interesting to ponder on how they expected to get away with it without any form of sanction ::)... for so long ::)...and still expect their excuses to be swallowed  :y :y