I have a mortgage like everyone else in the country

snubbleste · 27-03-2013 05:40PM #1

I constantly hear this line being trotted out in the media, usually along with some borderline sob story.
It is not simply not true.
There are 792,096 private residential mortgage accounts for principal dwellings in the country of which ~15% are in arrears.
There are plenty of homes that are mortgage free and approximately 475,000 households rent.

So shut up about everyone having a mortgage and start talking about bailouts for the poor renters.

Terry1985 · 27-03-2013 05:50PM

Renters have bailouts, social welfare rent allowance,tax credits, affordable housing schemes, council housing.

Maybe you can educate yourself on the options?

shopaholic01 · 27-03-2013 05:55PM

I have a mortgage.

El Guapo! · 27-03-2013 05:56PM

I don't know what a tracker mortgage is.

Mr Benevolent · 27-03-2013 05:57PM

Not everyone has a mortgage. I certainly don't. Ah, the freedom to move with a month's notice, no bridging loans, no buying the entire contents of a house, no paying a rake of chancers just to get the keys...

sweetie · 27-03-2013 05:57PM

I have a tracker mortgage. I don't know what it is.

Cuddlesworth · 27-03-2013 05:58PM

Terry1985 wrote: »

Renters have bailouts, social welfare rent allowance,tax credits, affordable housing schemes, council housing.

Maybe you can educate yourself on the options?

And to think that I've been paying my rent the last 8 years like a complete sucker.

Princess Consuela Bananahammock · 27-03-2013 05:58PM

Thinkly veiled I don't have a mortgage responce.

dodderangler · 27-03-2013 05:58PM

Fair play to ya
I rent like everyone else in the country

fasttalkerchat · 27-03-2013 05:58PM

Terry1985 wrote: »

Renters have bailouts, social welfare rent allowance,tax credits, affordable housing schemes, council housing.

Maybe you can educate yourself on the options?

I rent and get no help at all. And I wasn't entitled to social housing because demand is so high in my area that a homeless single mother with 2 kids is still short of the points needed!
And before someone says its cheaper than a mortgage, its £20 per month dearer and at the end of the deal someone else owns the house!

smash · 27-03-2013 06:02PM

shopaholic01 wrote: »

I have a mortgage.

Me too, and I can only fit 4 cars in my driveway... I demand a bailout for my inadequate property!

Ilik Urgee · 27-03-2013 06:04PM

I have a mortgage, it's not just hospitals that have 'em:mad:

shopaholic01 · 27-03-2013 06:06PM

smash wrote: »

Me too, and I can only fit 4 cars in my driveway... I demand a bailout for my inadequate property!

You're only eligible if you don't have decking and a hot tub.

gurramok · 27-03-2013 06:07PM

Terry1985 wrote: »

Renters have bailouts, social welfare rent allowance,tax credits, affordable housing schemes, council housing.

Maybe you can educate yourself on the options?

Renters are not entitled to social welfare if they work fulltime.

Tax credits of a couple of hundred quid per year while paying a grand a month in rent, yes its a huge bailout? :rolleyes:

affordable housing schemes - abolished

council housing - you need a low income and be on a waiting list for many years to avail of council housing.

smash · 27-03-2013 06:16PM

shopaholic01 wrote: »

You're only eligible if you don't have decking and a hot tub.

I got rid of my hot tub for a walk in shower. Can I have money now?

pwurple · 27-03-2013 06:17PM

gurramok wrote: »

Renters are not entitled to social welfare if they work fulltime.

Tax credits of a couple of hundred quid per year while paying a grand a month in rent, yes its a huge bailout? :rolleyes:

affordable housing schemes - abolished

council housing - you need a low income and be on a waiting list for many years to avail of council housing.

Tax credits for renters are gone gone gone.

Robbo · 27-03-2013 06:17PM

I'm a mother Joe...

Terry1985 · 27-03-2013 06:18PM

fasttalkerchat wrote: »

I rent and get no help at all. And I wasn't entitled to social housing because demand is so high in my area that a homeless single mother with 2 kids is still short of the points needed!

if you're employed you get €1000 rent relief off your tax bill.
if you are unemployed there's rent allowance.

i believe rent allowance is at least €500 a month depending on county?

Boombastic · 27-03-2013 06:19PM

smash wrote: »

I got rid of my hot tub for a walk in shower. Can I have money now?

Do you have sky TV, If so, You get nothing..:pac:

shopaholic01 · 27-03-2013 06:21PM

smash wrote: »

I got rid of my hot tub for a walk in shower. Can I have money now?

It depends, if it's large enough to accommodate at least 2 people with gold-plated accessories and marble tiling, then yes.

smash · 27-03-2013 06:24PM

shopaholic01 wrote: »

gold-plated accessories and marble tiling, then yes.

Pft, I'm not that tacky.

shopaholic01 · 27-03-2013 06:26PM

smash wrote: »

Pft, I'm not that tacky.

Time to apply for your bailout then.

ejmaztec · 27-03-2013 06:28PM

Need bailouts for non-renters and mortgage-free property owners.:(

zonEEE · 27-03-2013 06:30PM

You can nearly double that figure as its usually two people to a mortgage, not always but usually.

Teyla Emmagan · 27-03-2013 06:31PM

I have a tracker mortgage, thank god. Big thanks to all the test of you subsidising it for me

snubbleste · 27-03-2013 06:32PM

Teyla Emmagan wrote: »

I have a tracker mortgage, thank god. Big thanks to all the test of you subsidising it for me

:mad:

stoneill · 27-03-2013 06:34PM

I have a mortgage just like everyone else in the country. The other half don't.

Boombastic · 27-03-2013 06:35PM

dodderangler wrote: »

Fair play to ya
I rent like everyone else in the country

You'd want to get a foot on the property ladder. The only way prices will go is up. Renting is dead money.

smash · 27-03-2013 06:47PM

Teyla Emmagan wrote: »

I have a tracker mortgage, thank god. Big thanks to all the test of you subsidising it for me

Have a look at how much you've paid off the capital compared to how much you've actually paid in repayments and then still tell me it's subsidised.

Tar.Aldarion · 27-03-2013 06:52PM

Terry1985 wrote: »

if you're employed you get €1000 rent relief off your tax bill.
if you are unemployed there's rent allowance.

i believe rent allowance is at least €500 a month depending on county?

I believe that was abolished? Also even for somebody in Dublin rent allowance is max 300ish,and you don't get the full amount

Dwork · 27-03-2013 07:01PM

I've no mortgage. Just saying like. I bought it old-fashioned style. With money. There were some odd looks. Apparently it's not the done thing.

I have a mortgage like everyone else in the country

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