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Homes - But No Loans

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8pm R4 tonight File on Four

Michael Robinson explores why a predicted rise in interest rates throughout the course of 2011 could spell the beginning of a double dip recession

Radio Times

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8pm R4 tonight File on Four

Michael Robinson explores why a predicted rise in interest rates throughout the course of 2011 could spell the beginning of a double dip recession

Radio Times

But... we're in negative growth and the IR rise hasn't happened yet! :rolleyes:

(Presumably this prog was scheduled before today's announcement.)

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But... we're in negative growth and the IR rise hasn't happened yet! :rolleyes:

(Presumably this prog was scheduled before today's announcement.)

£ is falling. all imported goods will increase the inflation ...

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8pm R4 tonight File on Four

Michael Robinson explores why a predicted rise in interest rates throughout the course of 2011 could spell the beginning of a double dip recession

Radio Times

Wow that worked quick! The rise was only predicted and already the double dip recession hit!

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This could be worth a listtein.

Early this morning, I heard them discussing this programme on radio 5.

They were focussing on the "affordable mortgages" aspect, by sayiing that we now have a 2 tier mortgage system where those at the top end of the market with high depoisits are the only ones being offerred the low interest rates, whilst those with the smaller deposits wishing to buy more modest properties, are being charged such high interest rates and arrangement fees. that many are now deciding to pull out of buying.

A buyers strike, as discussed on here previously? :unsure:

One person they interviewed was a 30 year female doctor. She was looking at a place to buy at £210,000. She had a 10% deposit, and had been offerred a mortgage to do so. But decided she didn't want to buy, and have such a big finanicial committment round her neck, when she found out the cost of the mortgage would be £300 more than the cost of her renting a silmilar place.

http://www.bbc.co.uk/programmes/b00xppmm

Homes but no loans. Despite the threat of a new slide in house prices and rising levels of negative equity, the number of property-buyers having their homes repossessed has declined over the past year. But now many economists predict interest rates will rise in the course of 2011, fuelling fears that Britain's housing market could be facing a double dip. With banks chasing profits and affordable mortgages harder to find. Michael Robinson asks what impact the new housing freeze will have on Britain's already battered economy.

Producer: Andy Denwood.

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  • 311 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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