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BOE :Lending to individuals: December 2009: Mortgage approvals DOWN
abaxas
Posts: 4,141 Forumite
http://www.bankofengland.co.uk/statistics/li/2009/dec/index.htm#tables
Key facts :
House purchase
Nov : 60,045
Dec : 59,023
It's probably just noise, but still it's down even with seasonal adjusting magic.
My views is, nothing to see here, however if it has gone up by 2%. I bet it would be on the BBC news.
Key facts :
House purchase
Nov : 60,045
Dec : 59,023
It's probably just noise, but still it's down even with seasonal adjusting magic.
My views is, nothing to see here, however if it has gone up by 2%. I bet it would be on the BBC news.
0
Comments
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Too busy buying Christmas presents, and getting drunk at those shindigs
BTW if had gone up 2%
it would have been news and quite amazing at that.'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
Even I'll say that's purely noise!0
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http://www.bankofengland.co.uk/statistics/li/2009/dec/index.htm#tables
Key facts :
House purchase
Nov : 60,045
Dec : 59,023
It's probably just noise, but still it's down even with seasonal adjusting magic.
My views is, nothing to see here, however if it has gone up by 2%. I bet it would be on the BBC news.
Shame you missed out the opening line of the report:
Total net lending to individuals rose by £1.2 billion in December
I know that most of the bears are busily clutching at straws trying to get some bleakness from the waves and waves of good news coming out about the economy and the housing market, but this attempt was so weak that even the OP dismissed it as noise !!
:T:T:T0 -
nollag2006 wrote: »Shame you missed out the opening line of the report:
Total net lending to individuals rose by £1.2 billion in December
I know that most of the bears are busily clutching at straws trying to get some bleakness from the waves and waves of good news coming out about the economy and the housing market, but this attempt was so weak that even the OP dismissed it as noise !!
:T:T:T
And?
It's been lent to less people. As house prices rise, lending to less people will also rise. Doesn't mean it's a sign that more people are buying, just that they are taking more on as debt.0 -
nollag2006 wrote: »Shame you missed out the opening line of the report:
Total net lending to individuals rose by £1.2 billion in December
I know that most of the bears are busily clutching at straws trying to get some bleakness from the waves and waves of good news coming out about the economy and the housing market, but this attempt was so weak that even the OP dismissed it as noise !!
:T:T:T
Wohoo! It grew by........ wait for it/.
Wait for it...
0.08%
Looks like your clutching at straws mode is over active, however also blind :P0 -
Doesn't it say 0.8%?
Too many numbers on that site.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
nollag2006 wrote: »Shame you missed out the opening line of the report:
Total net lending to individuals rose by £1.2 billion in December
I know that most of the bears are busily clutching at straws trying to get some bleakness from the waves and waves of good news coming out about the economy and the housing market, but this attempt was so weak that even the OP dismissed it as noise !!
:T:T:T
!!!!!!! hell!0 -
What a bunch of numpties you lots are!!!
You see something going up and you assume it's good. Maybe if you have the brains to question the numbers, you could find out what they mean.
However, looking for deeply, it appears that relative to infaltion consumer credit went down by about 2% last year. And 1.2 billion is jack in the system!0
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