Other
new measures announced today include # 5 million injected into areas particularly affected by knife crime, increased use of searches and more home visits to parents of those suspected of carrying weapons.
The
new measure announced today will reduce the maximum amount on refinancing to 80 per cent from 85 per cent of the value of the home.
While the government is still forecasting a balanced budget, all the elasticity (read: available money) in the current fiscal has now been used up with the new taxation and
spending measures announced today.
The good news is that
the measures announced today are unlikely to send the market into a tailspin.
Although
the measures announced today are a welcome attempt at addressing the failing housing market, much more needs to be done.»
«Some of
the measures announced today are welcome: for example, those designed to prevent overpayments arising, which can cause problems when claimants have to repay them at a later date.
The majority of
the measures announced today are aimed at dealing with fraud and error once it is in the system rather than stopping it entering the system in the first place.
As part of
the measures announced today, communities will be able to bid to take over the running local public services, while local government will be given more leeway over how it allocates social housing.
The measures announced today must be bound to undertakings by the banks of no job losses, no repossessions and an end to the bonus culture.
It is an independent institution which will have to meet certain governmental mandates, such as
the measures announced today by the Department of Health.
But, housing aside, too many of
the measures announced today imply a top down, centralised approach, from a national education service to the nationalisation of railways.
«However,
the measures announced today amount to only one tenth of that.
We applaud
the measures announced today, and believe that they would make the world safer for innovation.
We support this aspect of
the measures announced today.
The new
measure announced today will set the maximum GDS ratio at 39 per cent and reduce the maximum TDS ratio to 44 per cent.
While the changes come into force on July 9, 2012, any mortgage insurance applications received after June 21, 2012 and before July 9, 2012 that do not conform to
the measures announced today must be funded by December 31, 2012.
The new
measure announced today will reduce the maximum amortization period to 25 years from 30 years.
The new
measure announced today will establish that government - backed mortgage insurance is only available for a new high loan - to - value mortgage if the home purchase price is less than $ 1 million.