UK House Prices -The next bubble waiting to burst ??


Little Beaker - Tue, 20 Dec 05 :

Premier Pompous, what are you talking about houses not selling?

The Council of Mortgage Lenders (CML) said gross lending rose by 5% in November to £28.5bn.

The CML said this was the second highest figure on record and was 30% higher than a year ago.

Separately, the British Bankers' Association (BBA) said net mortgage lending, which strips out redeemed mortgages, rose by £5.1bn last month.

That was the biggest increase since July 2004 and was higher than the average monthly figure of £4.4bn seen over the last six months.


This would seem to suggest houses are selling and you're living in Cloud Cuckooland.

Search for a stock: 



By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions :: Contact Us :: Affiliate Scheme
Copyright©1999-2008 ADVFN PLC. Copyright and limited reproduction :: Privacy Policy :: Investment Warning :: Advertise with us :: Data accreditations :: Investor Relations :: Press office :: Jobs

ADDITIONAL SERVICES AVAILABLE FROM ADVFN
Upgrade - Click here for more information on ADVFN premium services Money Words - ADVFN Financial Glossary Investor Training ADVFN Financial Bookshop Online Training Academy

40 site:2us *** hous081012 03:03 Stock Message Boards ( 2001 | 2002 | 2003 | 2004 | 2005 | 2005 | 2007 )