Is It Now Impossible To Climb The Property Ladder? | Loose Women

Подписаться 453 тыс.

Просмотров 41 тыс.

50% 1

It’s only the second week of 2024 and already Janet has got some big opinions to share on her first show back! She’s recently found herself in a debate with Kirstie Allsopp, who in a recent interview claimed she thought banning building detached houses would benefit the environment, and restore a sense of community spirit. And it looks like Kirstie may be onto something (sorry Janet…) as so many people are now struggling to get on the property ladder with a lack of affordable housing crippling first time buyers. So, could rethinking how we build houses help solve this problem? Or is the property ladder essentially unclimbable? Linda says she’d have to die before her kids can get on the property ladder. And Janet’s convinced unused offices and department stores could be the key to solving Britain’s housing crisis.
Subscribe now for more! bit.ly/1VGTPwA
From series 27, broadcast on 09/01/2024
Watch Loose Women on the ITV Hub: daytimelink.itv.com/WatchLWYT
Like, follow and subscribe to Loose Women!
Subscribe now for more! bit.ly/1VGTPwA
Website: bit.ly/1EDGFp5
RU-vid: bit.ly/1C7hxMy
Facebook: on. 1KXmWdc
Twitter: bit.ly/1Bxfxts
Catch Loose Women every weekday from 12.30pm on ITV, STV and the ITV Hub.
Join our panellists as they share their lives and talk about everything from friendships to relationships, parenting to politics, mental health and much, much more. Tune in to find out what your favourite Loose Women have been up to, watch exclusive interviews with showbiz stars, and get a much needed laugh at lunchtime.
www.itv.com
www.stv.tv
#loosewomen

Развлечения

Опубликовано:

8 янв 2024

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 60

@mr.balloffur 4 месяца назад

I never understood the reasons for having a downpayment on a home. It doesn't show responsibility. A lot of people who put money down on a home have lost it for one reason or another. If you can show that you can afford a mortgage and you've been paying rent one time, you should be allowed to get a mortgage with zero down.

@e.o.537 4 месяца назад

0% deposit options are available in some countries abroad (US, Anguilla, etc.) but they usually come with extortionate interest rates which often puts borrowers in financial difficulty and often results in them losing the home. In the UK, the financial regulator requires all lenders to ensure responding lending which includes but not limited to making sure the borrowers can meet the ongoing mortgage payments (capital & interest) and is able to pay for the full cost by the end of the loan whilst also meeting all other financial commitments (utilities, Council tax, food, travel, childcare costs, petrol, insurance(s), any other borrowing, etc.) This includes having money aside to maintain the home. With interest rates the way they are and general cost of living, even if 0% mortgages was offered in the UK, most people won’t meet the requirement for “responsible lending”. All it takes it for an unexpected job loss and your home is at risk. Let’s take the stigma out of renting. Let’s face it, until you’ve paid your mortgage outright, it’s not your home, it’s a home you share with your bank/building society and they reserve the right to ask you for their share of the capital at the end of the term (2-5 years) - which would be an issue if you can’t remortgage with anyone else. What is more surprising is that it is NORMAL for people to desire to have a start their new home with 300-500K debt.

@aurora6920 4 месяца назад

Because if you rent forever how can you be able to afford the high monthly payments when you become old? Most people don't get their houses taken away and that risk happens with renting too

@e.o.537 4 месяца назад

@@aurora6920 I agree. You shouldn’t rent aim to forever, if you can try and buy - in a financially responsible way. Make sure you have a robust pension because if you can’t pay off your mortgage before retirement, consider if you pension will be enough to allow you to keep up with repayment - especially if you are starting with zero savings. 50% of UK adults have £0 in their savings. 33% have less than £2K in their savings. It’s hard to save when everything is expensive but savings, investment, pension contribution is a better security when you are older than a house. If you need looking after, the government will insist you sell your house and are completely bleed dry before they help you

@mr.balloffur 4 месяца назад

@@e.o.537 0% down payments are very rare in America if it ever happens. My point is even if somebody can prove that they have a good job and can afford all their expenses doesn't mean something can happen in a month or a year and now they can't afford the mortgage. Having a down payment isn't security for anything, it just changes the home price.

@Aaaaaaa-qe5kd 4 месяца назад

Very risky for lenders

@liukin95 4 месяца назад

I'm 28 and I've already accepted the fact that I'm probably not going to own a property anytime soon, especially when our politicians show a complete lack of interest in solving the problems we have with the property market.

@deb-1558 4 месяца назад

Same here...government are more concerned housing illegal immigrants

@samfrench_88 4 месяца назад

@@deb-1558exactly 🤨

@carrie20074 4 месяца назад

@@samfrench_88 well im 53 and looks like i will never afford my own house/apartment.

@aurora6920 4 месяца назад

But I'm scared to rent forever as what if I can't afford it once I'm old?

@jackie842 4 месяца назад

Janet is much better than Denice .

@ethangwyn1226 4 месяца назад

I'm constantly saving and saving. I'm turning 28 and I can't see me ever getting my own home. Property prices exceed wages so much. They are unrealistic for people like me in the communities.

@musclebear 4 месяца назад

Wages where I live are 20k a year. Impossible to save let alone a 5 or 10% deposit at £25k so yes it's Impossible for many young people to buy a house. House prices are way too high nowadays and "affordable" housing doesn't exist

@219SandPond 4 месяца назад

Janet is A good woman.

@colettemikaelson160 4 месяца назад

its not just this one comment though, she has made quite a few ridiculous ones over recent years. She also made a comment about how people could get on the property ladder if they gave up things like Netflix and saved harder etc which is ridiculous. There are far more factors than just saving, preventing people from getting on the property market. Her privilege shows when she makes such comments. Ironic really that somebody who inherited the bulk of their wealth, telling others they need to save harder haha She comes across incredibly tone deaf.

@endlessglizzys_.0233 4 месяца назад

A Detached house is a luxury. Space in the UK is luxury! Who wants to live so close to each other anyway. All on top of each other. Low standard of living in the UK.

@aurora6920 4 месяца назад

It is a luxury here 😭 I'm jealous of America that live in detached homes! Only rich people get that where I live.

@endlessglizzys_.0233 4 месяца назад

@@aurora6920 It's definitely to do with space as in NZL & Australia they have a huge amount of space compared to UK & less populated. You get more for your money overseas too.

@f0revery0ung101 4 месяца назад

I understand both sides of the argument. Kirsty could have been a little more sensitive. However, the standard of new build houses today are so poor, they lose value very quickly, come with a raft of issues and are very expensive.

@user-mc1wp6lv9n 4 месяца назад

Love love Janet😊👌

@usernameheda 4 месяца назад

decent housing is one of the most basic human requirements

@aurora6920 4 месяца назад

Exactly 💯 semi detached houses (especially new builds) have paper thin sound proofing

@Aaaaaaa-qe5kd 4 месяца назад

If people are working for them yes, no one is entitled to anything

@usernameheda 4 месяца назад

@@Aaaaaaa-qe5kd yes they are because it's a basic human need for survival, it's not a luxury. People aren't entitled to own houses; but people are entitled to safe and affordable accommodation regardless of who you are and what you do.

@Aaaaaaa-qe5kd 4 месяца назад

So if I didn’t work, I should be entitled to a decent house still?

@usernameheda 4 месяца назад

@@Aaaaaaa-qe5kd if you didn't work should you be entitled to water ?

@sophiec544 4 месяца назад

Makes me feel like I never get anywhere, I be forever living at home, so depressing. All you want if your own space you can make your own. Will this get any better.

@aurora6920 4 месяца назад

I hate living in a semi detached house as the sound proofing is awful! It's like a night club, my baby can't sleep, I can't hear my TV or rest if I'm unwell. They will play their music for 8 hours non stop. I had this issue with two previous houses too!! I tried to get the council to help but said it wasn't during nighttime etc why can't we have detached houses for a bit of peace!! It makes you not want live anymore when the music is constant 😣 detached houses shouldn't just be for the rich and I bet Kirsty has a detached house. Plus I agree deposit and how much you need to earn to get a mortgage is too high! Shared ownership the rent is high and they are leased meaning the value goes down so you're forced to stay there.

@fhfh8768 4 месяца назад

£800k! Maybe Linda’s daughter should look in a different area because that is extreme even in London.

@URFUTUREUK 4 месяца назад

Depressing isn't it.

@aa-fw2pw 4 месяца назад

I don't understand why buy-to-let is ok. The renter is paying someone else's mortgage. And the landlord is putting up for rent a property which they haven't fully paid for.

@Aaaaaaa-qe5kd 4 месяца назад

No one is entitled to a property, if someone can afford a buy to let, in order to give someone a home, as there is a shortage of rentals why is that not good?

@aa-fw2pw 4 месяца назад

@@Aaaaaaa-qe5kd Then the government should have more houses built.

@aa-fw2pw 4 месяца назад

@Aaaaaaa-qe5kd there's a scheme called Wayhome. You don't have to pay off a mortgage, but you slowly pay for the house bit by bit with each monthly payment. And if you do move out, Wayhome will reimburse you the amount you paid for.

@Aaaaaaa-qe5kd 4 месяца назад

@@aa-fw2pw why should the government have to do it? And with what money?

@user-ei1kf7jo5o 3 месяца назад

I like Janet because the perspective she’s taking indicates that she’s realistic about the fact people from her background can’t just rely on hard work any more in an economy which caters to the rich & a housing market dominated by career landlords. so many people her age from working class backgrounds who were able to earn their way 40/50 years ago really lose touch of the fact that the way our economy works now doesn’t allow for that as much anymore.

@zenethara5883 4 месяца назад

Need to build decent housing, and all the boarded up council houses need to be made ready for tenants. Too long issue not taken up straight away.

@gusleonard9397 2 месяца назад

What no one tells you is the reason for high house prices is the currency debasement from money printing that the Central Bank does. If people actually understood this maybe we could deal with the problem.

@user-cf9xp1mo4u 4 месяца назад

Happy birthday Janet street porter I watched the programme and it was nice to see you get a birthday cake well done to everyone on the show you must of made Janet's day xxxlol all the best 2:03

@charlottescott717 4 месяца назад

Where I live in Brighton any spare space that could be used to build homes for those who could afford them, any spare space is being used to build student accommodation, so anyone already lives here has no chance. Before finding my place I had to find a guarantor not many young people know people who own their own home. It's ridiculous. Those that can afford it like that guy they mentioned from the bank he can afford it, so it doesn't effect him

@kyliejackson2681 4 месяца назад

We have all these property woes here in New Zealand

@jeunevoyageur 4 месяца назад

Lol. Even to rent most agency's require a gaurentor. If you fall below a certain living rate they decline your viewing. Renters need the average of 25k here to even rent from a property. Sodd buying. You have more bills you need to pay. If you rent most of it is covered.

@emmalouisejay5341 4 месяца назад

The government does not want more home owners it would devalue their own property portfolios... This is the real issue.

@Aaaaaaa-qe5kd 4 месяца назад

I’m 22 and buying my first place, on my own in Oxfordshire, at the moment, it is NOT as difficult as people make out

@ryanhastie232 4 месяца назад

Well done! Can I ask how ypu have managed to rent a home, and save all that money , while earning a reasonably low wage? Or is your wage higher than average or are you living with parents?

@Aaaaaaa-qe5kd 4 месяца назад

@@ryanhastie232 I live with parents, though NOT rent free, and paid car finance all that time also. After A levels I started a degree apprenticeship which I’m coming towards the end of

@ryanhastie232 4 месяца назад

@Aaaaaaa-qe5kd that's brilliant! I have finally just bought a house in the last 2 years, with my partner. But we needed £22k and when average rent is nearing £1k a month, we just had to not do ANYTHING for 2 years. But we are lucky as we are both not on minimum wage. It seems buying a house is reserved for either people who have a stable enough family home to live in while saving, or people who are on well above average salary

@user-cf9xp1mo4u 4 месяца назад

When will ruth be back on loose women and could you print the name in the tv book who will host please xxxlol 3:37

@mobrown7594 4 месяца назад

It hasn’t always been that way NatWest man, my mum took her payslips to bank and got a mortgage mate

@Da1Dez 4 месяца назад

Better question how can you buy a house when getting a job is a nightmare too.

@shaunsowter 4 месяца назад

Welcome back Janet you really havent been missed at all.

@aurora6920 4 месяца назад

I miss her, I agree 💯 with what she said about housing

@farazismail984 4 месяца назад

Council properties are exactly why the country has this entitlement that people deserve to have their own property. People are abusing the system and in some cases refusing houses as its not big enough for them and their family of 15 kids. You should not be relying on the government to provide handouts to look after your kids and provide a roof over your head. That is your job as a provider and as a parent when you have kids. Linda insinuating that more council housing should be made available is a perfect example of this entitlement.

@vyvienvp3413 3 месяца назад

Building or extending is cheaper than buying a suitable property. The country is a disgrace, no council houses have been build in 30 years. Can only suggest youngsters stay at their parent's home. (Or caravan in their driveway). Save to buy some land, even the space of a garage can accommodate a 2 bed house(small). And go from there. Saving from scratch for a deposit on an ideal house is no longer an option.

@shamilak.1245 4 месяца назад

No offense to Linda but if Boris said these comments she would be making excuses for him 😂

@patrickdoyle9369 26 дней назад

There wouldn't be a shortage if we sent people that should not be here packing. The manager from the bank needs a pay cut and a reality check, then when he's had that see if he can get on the ladder when he's only on 16,000 a year.. like a lot of people.. There are far to many people at the top with all the money eating all the pie. And i am sorry to say so are you lot on this program some of you on £ 8000 per show.. It's PURE GREED.