London Has Peaked

Bubble_and_Squeak · 25 November 2014 at 2:10PM

JWF wrote: »

Down is the new up

it certainly is, ollie!
http://www.bbc.co.uk/news/business-30189933

Bubble_and_Squeak · 25 November 2014 at 2:13PM

"Data from the Bank of England show that mortgage approvals are down 9% year-on-year and down 20% in the first two months of this year, the Nationwide chief said."

wotsthat · 25 November 2014 at 3:07PM

Bubble_and_Squeak wrote: »

it certainly is, ollie!
http://www.bbc.co.uk/news/business-30189933

So has mortgage lending fallen or are BBA members losing market share?

Bubble_and_Squeak · 25 November 2014 at 3:22PM

wotsthat wrote: »

So has mortgage lending fallen or are BBA members losing market share?

clutching at straws?

danothy · 25 November 2014 at 3:47PM

wotsthat wrote: »

So has mortgage lending fallen or are BBA members losing market share?

Apart from the fact that the BBA has numbers that average about 60% of what the CML are reporting, there's not a great deal of difference between the two before the BBA seasonally adjusted the figures. Both show that in absolute numbers October has seen an increase on September and August.

Bubble_and_Squeak · 25 November 2014 at 3:49PM

danothy wrote: »

Apart from the fact that the BBA has numbers that average about 60% of what the CML are reporting, there's not a great deal of difference between the two before the BBA seasonally adjusted the figures. Both show that in absolute numbers October has seen an increase on September and August.

yay!
dannys back!

OH I'VE NEVER BEEN AWAY!