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House Prices Set To Slump Even Further As Home Loans Stay Scarce

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Housing market double dip - good excuse for QE2.

They must keep up house prices.


There is anecdotal evidence that the long period of forbearance exercised by banks and building societies towards borrowers may be drawing to a close. In any case, the general trend in lending is weak.
Edited by The Masked Tulip
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The Bank also reports a disturbing rise in the volume of bad loans being written off by lenders – £3.2bn of loans to individuals went bad in the second quarter of this year, a record high, and a much worse rate of delinquency than for companies.

And with prices falling, it's little wonder that mortgage lending criteria will remain sensible...

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  • 415 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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