“Housing market ‘to be dealt a serious blow’ as most new home sales use Help to Buy scheme”

Many of the new homes in Cranbrook are bought using this scheme.

“Almost all new homes in some parts of the country are funded by the Help to Buy equity loan scheme, raising fears about a house price slump when the programme ends.

The Government lends buyers up to 20pc of the cost of a new-build house, meaning the would-be homeowner only needs a 5pc deposit and a 75pc mortgage. In London users of the scheme can borrow up to 40pc of a home’s value.

More than 97pc of new homes in Northampton were funded by Help to Buy last year, according to modular housebuilder Project Etopia. In Burnley the figure was 93.1pc, in Derby 92.4pc and in Warrington 91.4pc. …”

https://www.telegraph.co.uk/money/consumer-affairs/housing-market-dealt-serious-blow-new-home-sales-use-help-buy/

Research has shown it adds on average £33,000 to the cost of a new home:

https://eastdevonwatch.org/2019/04/14/help-to-buy-costs-first-time-buyers-an-average-33000-extra/

“Number of over-70s still in work more than doubles in a decade”

“… Over three times more men aged 70 and above are working full-time compared with a decade ago: 113,513 up from 36,302 in 2009.

The number of women aged 70 and above who are still working has also more than doubled in a decade. Today, there are 175,000 women aged 70 and above in work: an increase of 131%.

In addition, the research found, there are currently more than 53,000 over 80s working in the UK, 25% of whom are working full-time.

But Catherine Seymour, head of policy at Independent Age pointed out that the rise in people working beyond 65 coincides with increases in pensioner poverty. “One in every six people – nearly two million – of pension age are now living in poverty and every day, another 226 people join that number,” she said.”.

“Many people who are now working in their late sixties and seventies are doing so out of necessity to pay the rent, heat their homes and afford their weekly shop,” she added. “Everyone who wants to should be able to retire from paid work at state pension age, and these figures suggest many people cannot afford that right.” …

https://www.theguardian.com/money/2019/may/27/number-of-over-70s-still-in-work-more-than-doubles-in-a-decade?

Swire’s choice for PM thinks feminists are ‘obnoxious bigots’

“Dominic Raab has defended his claim that feminists are some of the most obnoxious bigots and that men are getting a raw deal, saying he does not want “double standards” in the debate on equality.

The former Brexit secretary, a leading candidate to be the next prime minister, was challenged on BBC One’s The Andrew Marr Show about his comments from 2011, when he said: “From the cradle to the grave, men are getting a raw deal. Feminists are now amongst the most obnoxious bigots.”

He stood by the position by saying it was “really important that in the debate on equality we have a consistency and not double standards and hypocrisy …”

https://www.theguardian.com/politics/2019/may/26/dominic-raab-defends-calling-feminists-obnoxious-bigots?