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Homeowners continue to Cut Debt

Homeowners continue to cut debt


http://news.bbc.co.uk/1/hi/business/7976111.stm

"A further £8bn of mortgage borrowing was paid off between October and December, the Bank said. "

Yay:T We're part of that :money:

Comments

  • RosieTiger
    RosieTiger Posts: 863 Forumite
    and adding to it every day !
    RosieTiger - Highest £242,000 Feb 2004 :mad:
    Lightbulb Dec 2008 £146,000 by March 2026:eek:
    MFi3T2 and T3 No 28 - Dec 2009 Start Balance £117,000
    Current Position-Fully off set by savings since March 2013
  • ernie_3
    ernie_3 Posts: 73 Forumite
    it seems strange that this article does not make front page news..spooky that... of course i forgot this cost the banks and building societies money...ha..ha. GOOD !!!!!!!.

    To all keep up the good work..Ernie from a very sunny Plymouth
    ;) "WHAT GOES AROUND COMES AROUND" ;)
    :j" lIVING THE DREAM..I AM FIT AND HEALTHY AND I AM HERE":j
  • StuartGMC
    StuartGMC Posts: 2,175 Forumite
    So, if we've paid back £8bn why are they so reticent to lend?

    Oh yes, shareholder dividends to make good and coffers to refill first.... is that a Roman fiddle I hear behind the City of London protests? ;)
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