We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The housing market is in a rut
Options
lemonjelly
Posts: 8,014 Forumite
http://www.bbc.co.uk/news/business-12783514
Feb lending is still low.
Banks don't want to lend, or are very restrictive.
People don't have the appetite for taking on large scale debts - perhaps borrowing is too expensive?;)
CML don't expect much to change over the course of the year. They also don't anticipate Osborne giving them any positive news in the budget.
The plot thickens...
Feb lending is still low.
Banks don't want to lend, or are very restrictive.
People don't have the appetite for taking on large scale debts - perhaps borrowing is too expensive?;)
CML don't expect much to change over the course of the year. They also don't anticipate Osborne giving them any positive news in the budget.
The plot thickens...
It's getting harder & harder to keep the government in the manner to which they have become accustomed.
0
Comments
-
lemonjelly wrote: »http://www.bbc.co.uk/news/business-12783514
Feb lending is still low.
Banks don't want to lend, or are very restrictive.
People don't have the appetite for taking on large scale debts - perhaps borrowing is too expensive?;)
CML don't expect much to change over the course of the year. They also don't anticipate Osborne giving them any positive news in the budget.
The plot thickens...
Steady?
http://uk.finance.yahoo.com/news/Gross-mortgage-lending-holds-reuters_molt-1226944003.html?x=0Official MR B fan club,dont go............................0 -
Banks are lending. FACT
Banks aren't lending to people who have a history of not paying it back. FACT0 -
Banks are lending. FACT
Banks aren't lending to people who have a history of not paying it back. FACT
Very true, the credit binge is over.Have my first business premises (+4th business) 01/11/2017
Quit day job to run 3 businesses 08/02/2017
Started third business 25/06/2016
Son born 13/09/2015
Started a second business 03/08/2013
Officially the owner of my own business since 13/01/20120 -
The housing market is in a rut
"And in other news today it's been revealed that the Pope isn't particularly keen on condoms..."0 -
Very true, the credit binge is over.
This is what people tend not to understand.
The fact that something has existed does not mean that it will continue to exist in that form.
Also people need to learn that they have no rights to someone else advancing them money. Ie they have no rights over future or previous labour as that comes from an different individual.
Believing in rights to borrowing money, means you by definition are allowing forced labour. The issue is who is going to take yours.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.1K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244.1K Work, Benefits & Business
- 599.1K Mortgages, Homes & Bills
- 177K Life & Family
- 257.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards