Saturday, Aug 15, 2009
Hell of a risk, if the market falls further....
FT: Wealthy Britons set for housing boost
Another ramping article, though this one just seems rather hollow....1930's Wall street, here we come.....
''Private banks are capitalising on what is expected to be a bumper bonus season in the City by easing their lending rules to attract wealthy home buyers who have been shut out by the high street. ''
''Warwick Newbury, chairman of SG Hambros, said the high street’s retreat from the large loan market presented traditional private banks such as his with a “golden” opportunity to use mortgage lending to build long-term ties with wealthy clients.''
Posted by hpwatcher @ 07:09 AM (297 views) Add Comment
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
No comments have been submitted.
Be the first person to add your comment by completing the form below.