Submitted on Friday 31st May 2013
Published on Monday 17th June 2013
Current status: Closed
Closed: Tuesday 17th June 2014
Signatures: 3
STOP Underwriting Mortgages for NON new builds
The Government should stop any mortgage guarantee for the purchase of existing properties. It will not help first time buyers and will create an unsustainable increase in house prices. It is also unfair to make the younger generation effectively subsidize Buy To Let and second home purchases.
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