BTL Mortgages now 12.4% of all mortgages and safer bet

geneer

http://www.cml.org.uk/cml/media/press/3001

Couple of interesting factoids.

Remortgaging accounted for 65% of the overall increase in buy-to-let lending in the quarter.

Although this quarter's increase is significant, the market is currently running at around one third of the levels seen at the peak of lending in 2007.

geneer

julieq wrote: »

The shift towards concentration of property ownership towards investors continues.

erm

Mortgage market sees highest number of first-time buyers since August 2010

http://www.cml.org.uk/cml/media/press/3000

Aberdeenangarse

Mortgage repayment problems have stabilised against a current backdrop of stable employment and low interest rates," said CML director general Paul Smee.

Reminds me of a true story

A Cork, Ireland radio station was holding an on-air contest to see who could come up with the best word not in a dictionary that would still make sense in a sentence. One of the first callers used the word G-O-A-N, pronounced "go-an."
"Okay, caller. How would you use this in a sentence?"
"Go-an. Goan Fuc k yerself!" Concerned about it being a family show, the DJ quickly hung up on the man. After fielding a bunch more unsuccessful calls, another caller calls up with the word S-M-E-E, pronounced "smee."
"Okay, caller. How would you use this in a sentence?"
"Smee again. Goan Fuc k yerself!"

Geener, does your Mum still want you living with her when you're 60 ?

geneer

Aberdeenangarse wrote: »

Reminds me of a true story



Geener, does your Mum still want you living with her when you're 60 ?

Was rather dissapointed with your mums efforts mate.
Would have expected more for a fiver.

JonnyBravo

julieq wrote: »

The shift towards concentration of property ownership towards investors continues.

geneer wrote: »

erm
Quote:
Mortgage market sees highest number of first-time buyers since August 2010
http://www.cml.org.uk/cml/media/press/3000

What was it you said??

Oh yeah...

geneer wrote: »

"proportion".

Its an interesting word isn't it.

Lets see if it takes you long to understand how the number of FTB in one month can be at a high since August 2010 yet the number of BTL mortgages in total can also be at their highest proportion since the 1990's

You've made a bit of meal over the understanding of numbers, proportions, mortgages for one month, mortgages in existence etc.

I understand it's hard for you to admit any of the BTL aspect can be true, just as it's hard for the other side to talk about the BTL, but it's a world of grey not black and white.

geneer wrote: »

Apologies. It I appears as of I did not pick up on that particular aspect. Perhaps because BTL as a % of "All mortgages" is a measure so pointless that it is difficult to conceive of its existence.

So it's not a similar stat to the one month/quarterly/yearly stats you're using but with a different time variance?

geneer

JonnyBravo wrote: »

What was it you said??

Oh yeah...

Lets see if it takes you long to understand how the number of FTB in one month can be at a high since August 2010 yet the number of BTL mortgages in total can also be at their highest proportion since the 1990's

You've made a bit of meal over the understanding of numbers, proportions, mortgages for one month, mortgages in existence etc.

I understand it's hard for you to admit any of the BTL aspect can be true, just as it's hard for the other side to talk about the BTL, but it's a world of grey not black and white.

You appear to be an expert Johnny. Why don't you enlighten us.

JonnyBravo wrote: »

So it's not a similar stat to the one month/quarterly/yearly stats you're using but with a different time variance?

In a word, no.

But then again, maybe you can offer up an argument as to the relevance.

Can you?

geneer

wotsthat wrote: »

That would involve researching some data (5 minutes), conducting two calculations (2 mins), and then putting them into some sort of context (never).

We await your detailed analysis with interest Wotsthat.










Well?

robmatic

geneer wrote: »

We await your detailed analysis with interest Wotsthat.

Well?

To be fair, Wotsthat, if it involves arithmetic, statistics or reading comprehension it might be better for all of us if you lent a hand.

Pimperne1

geneer wrote: »

We await your detailed analysis with interest Wotsthat.










Well?

That's a short wait even for you Geneer.

geneer

robmatic wrote: »

To be fair, Wotsthat, if it involves arithmetic, statistics or reading comprehension it might be better for all of us if you lent a hand.

What are you waiting for then. :rotfl: