Monday, Jul 16, 2007
House price crash unlikely confirms Council of Mortgage Lenders
The Landlord Association: House price crash unlikely confirms Council of Mortgage Lenders
Council of Mortgage Lenders Director Michael Coogan, "I don't believe there will be a house price crash but clearly a slowdown is more likely in an environment of higher interest rates"...
Posted by the landlord assocation @ 11:34 PM (154 views) Add Comment
8 Comments
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1. Davros said...
A vested interest in the housing market telling us there won't be a crash isn't really that re-assuring....
2. uncle chris said...
After a post of yours in a previous blog, I thought you were toddling off now and leaving us, or are you not as good as your word? Must be an estate agent :-)
3. confused76 said...
Yeah, yeah,
it is not going to be a crash, but a crunch... if you can tell me the difference
"Lenders predict UK property CRUNCH as rates take effect"
http://business.timesonline.co.uk/tol/business/money/property_and_mortgages/article2087112.ece
http://www.myfinances.co.uk/property/news/investment-rising-costs-see-property-investors-sell-up-$474252.htm
4. the bald man said...
This statement form teh CML is a bit like "the managers job is safe!! (Recent press release from the board)
5. Scott said...
Crash/correction/crunch, any c word will do.
6. denzil said...
CML say no crash and turkeys are expected to vote for the cancellation of Christmas this year.
Some people should say less because they dispel any doubt as to their status of idiot by saying too much.
7. Ihopeitgoeswithabang said...
LA.
LoL. Landlordexpert.
The news section on that website is just a little bit biased don't you think?
Funny how all the posts on that News Section are all "Everything is rosey people don't panic .... please..."
Quote
"number 1 landlord and property investment news supplier"
Really? So how did you come to that decision?
"from the most noted and highly respected journalists, writers and industry experts in the UK"
Oh Please. If your only going to post positive news how can that be respected journalism?
Just one other thing if you want to be so helpful. Maybe adding a Repossession Advice section would be helpful in the near future.
Or would that not look too good on the website?
8. doomwatch said...
It's a bit like the Wall St Crash; "respected" financiers/bankers would regularly comment in the media that everything
was going to be rosy, but behind the scenes they were short selling like bstards.