Help to Buy

TODO: formatting

I consider myself a rational individual.

5 October 2016: https://money.stackexchange.com/questions/71445/how-long-i-should-pay-the-mortgage-to-break-even-when-selling-is-2-years-enoug

8 October 2016: https://money.stackexchange.com/questions/71539/how-long-do-i-have-to-live-as-first-time-buyer-before-renting-out-the-property

The funny thing with these questions is that I linked to a certain article: https://blog.moneysavingexpert.com/2016/04/can-you-rent-out-a-home-bought-with-a-help-to-buy-isalifetime-isa/

The same article was updated with the replies and it completely changes the perspective. When I was doing research, the information in the article was different.

"Under each of the scenarios you have set out there appears to have been no intention at the point of purchase to rent out the property so we would not seek to claim back H2B ISA bonuses."

Intention

I need to make sure my intention is clear.

2.5 years later I'm asking yet another important question.

Insurance against housing bubble

30 June 2019: https://money.stackexchange.com/questions/110705/how-to-obtain-negative-equity-insurance-aka-home-equity-protection-aka-equi

Cheap credit + government incentives = high property prices

More Research
I kept the question specific and to the point. There is some more research about negative interest rates and pumping prices.

https://www.thisismoney.co.uk/money/mortgageshome/article-5942931/House-prices-need-fall-30-reach-fair-value-not-freeze-5-years.html

This is a particular issue as we don't build enough new homes and evidence shows that in the current UK system building more doesn't bring down house prices, as they are sold as a premium product priced against existing homes on the local market.

Denmark: https://www.bloomberg.com/news/articles/2019-05-23/bankers-stunned-as-negative-rates-sweep-across-danish-mortgages

Bankers Stunned as Negative Rates Sweep Across Danish Mortgages

https://www.ft.com/content/09360f2e-98b4-11e9-9573-ee5cbb98ed36

This summer, Germany’s housing market has turned into Alice in Wonderland: the yield on five-year bonds issued by mortgage banks slid to minus 0.2 per cent, compared to a level of plus 5 per cent a decade ago.

Sorry, only Polish version: https://pl.wikipedia.org/wiki/Frankowicze

https://www.businessinsider.com/negative-interest-rates-europe-property-prices-2019-5?r=US&IR=T

His implication is clear: The cheaper you make mortgages — via negative interest rates for banks — the more house prices go up as the supply of buyers enjoying easy cash increases.

"Brexit, Italian budget squabbles, trade wars, and rising uncertainty in the Middle East are all at the forefront of households' minds when quizzed about the economy as a whole"

I need to message https://twitter.com/clausvistesen and ask for advice, for me the main concerns are:

- future of working - future of travel - future of communities

At the same time - let's play the game - CORPORATE WAGESLAVE CUBICLE COMMUTER

Working at a job that pays just enough to cover mortgage payments, thinking about line of clothing to reflect the current mindset: "rat gray"



Different type of insurance
I saw equity protection for pension and car loans.

I saw other type of insurance related to buying a home. Home Buyer's Protection Insurance: https://hoa.org.uk/advice/guides-for-homeowners/i-am-buying/homebuyer-protection-insurance/

https://www.lighthousegroup.plc.uk/divisions/mortgage-protection/ Types of protection plans:
 * Term life assurance
 * Whole-of-life policies
 * Critical / serious illness insurance
 * Mortgage payment protection
 * Income protection
 * Accident, sickness and unemployment insurance
 * Private medical insurance
 * Buildings insurance
 * Contents insurance

So many different type of insurance but no **Equity Protection**

Additional incentives
Emotional component of stability + legacy + freedom to improve and enhance.

Note to the universe-system-reality: if renting for more than ___ months, £___ approved spend on home improvements as some properties comes built to the lowest specificiation and as a tenant there no incentives of making them more habitable, even though that would increse the monetary valuee to the property owner.

Further questions

 * Help to Buy for not new properties? https://twitter.com/marsxrobertson/status/1144556856087666688
 * Search for Help to Buy? https://twitter.com/marsxrobertson/status/1145247193701539840
 * National Rail and TfL: https://twitter.com/MichalStefanow/status/1145308950256111618

Properties up to £450k (not flats)

 * https://www.rightmove.co.uk/new-homes-for-sale/property-56627529.html
 * https://www.rightmove.co.uk/new-homes-for-sale/property-82510934.html