crashmonitor Posted November 29, 2013 Share Posted November 29, 2013 http://www.theguardian.com/money/2013/nov/29/uk-house-prices-rising-nationwide Quote Link to comment Share on other sites More sharing options...
crashmonitor Posted November 29, 2013 Author Share Posted November 29, 2013 (edited) http://www.nationwide.co.uk/hpi/default.htm The Nationwide's press release. Edited November 29, 2013 by crashmonitor Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted November 29, 2013 Share Posted November 29, 2013 Crazy. Must be based on FLS south of england lending. Madness. The last bubble brought down the NR. What's this bubble going to bring down, the country ? Quote Link to comment Share on other sites More sharing options...
Butthead Posted November 29, 2013 Share Posted November 29, 2013 Crazy. Must be based on FLS south of england lending. Madness. The last bubble brought down the NR. What's this bubble going to bring down, the country ? Many a true word spoken in jest. Quote Link to comment Share on other sites More sharing options...
Dorkins Posted November 29, 2013 Share Posted November 29, 2013 Hasn't the Nationwide been massively increasing its market share over the last year? They might just be measuring their own insanity rather than what's happening to the market as a whole. Quote Link to comment Share on other sites More sharing options...
koala_bear Posted November 29, 2013 Share Posted November 29, 2013 Hasn't the Nationwide been massively increasing its market share over the last year? They might just be measuring their own insanity rather than what's happening to the market as a whole. Spot on, measuring their own insanity powered by FLS :angry: Quote Link to comment Share on other sites More sharing options...
Eddie_George Posted November 29, 2013 Share Posted November 29, 2013 Hasn't the Nationwide been massively increasing its market share over the last year? They might just be measuring their own insanity rather than what's happening to the market as a whole. Yes, maybe they'll suffer most when FLS is wound down for mortgage lending. http://www.nationwide.co.uk/mediacentre/pressreleases/archive/2013/3/Nationwide-increases-year-on-year-lending-by-40-percent.htm Quote Link to comment Share on other sites More sharing options...
koala_bear Posted November 29, 2013 Share Posted November 29, 2013 There hasn't been much talk on HPC of the end of temporary capital relief on new mortgages which will have helped NW massively too. [given they have capital issues like Barc] Will they no reconsider their decision not to participate in HTB2 given FLS has now been "pulled". Quote Link to comment Share on other sites More sharing options...
BlokeInDurham Posted November 29, 2013 Share Posted November 29, 2013 Spot on, measuring their own insanity powered by FLS :angry: Is it fair to call the Nationwide on that? Is it insane to take money being offered you at 0.25% and lend it back out at 5%, if you think that hefty difference covers your risk and then some? Are the insane not those lending out the money at 0.25% in the first place? Quote Link to comment Share on other sites More sharing options...
@contradevian Posted November 29, 2013 Share Posted November 29, 2013 Presumably without 'printing for lending' the banks will have to go back into the market for funds and compete for savers, or is that wishful thinking? Quote Link to comment Share on other sites More sharing options...
LiveinHope Posted November 29, 2013 Share Posted November 29, 2013 Presumably without 'printing for lending' the banks will have to go back into the market for funds and compete for savers, or is that wishful thinking? Wishful thinking by someone Just in time for 2015, perhaps ? Quote Link to comment Share on other sites More sharing options...
koala_bear Posted November 29, 2013 Share Posted November 29, 2013 Presumably without 'printing for lending' the banks will have to go back into the market for funds and compete for savers, or is that wishful thinking? Or the return of RMBS in the UK which is slightly more likely IMHO Quote Link to comment Share on other sites More sharing options...
LiveinHope Posted November 29, 2013 Share Posted November 29, 2013 (edited) Or the return of RMBS in the UK which is slightly more likely IMHO Your article Note April 2013 FLS should not be extended beyond Jan 2014 Edited November 29, 2013 by LiveinHope Quote Link to comment Share on other sites More sharing options...
Bruce Banner Posted November 29, 2013 Share Posted November 29, 2013 Your article Note April 2013 FLS should not be extended beyond Jan 2014 Hold on, if it was always due to end in January 2014, have they just extended it for business lending under the guise of cutting mortgage lending? Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted November 29, 2013 Share Posted November 29, 2013 BBC lunchtime news just ramped this report. Odd how they made no mention of the land reg figures. Quote Link to comment Share on other sites More sharing options...
19 year mortgage 8itch Posted November 29, 2013 Share Posted November 29, 2013 BBC lunchtime news just ramped this report. Odd how they made no mention of the land reg figures. SeeYouNextTuesday (@SYNTuesday) tweeted at 1:12 pm on Fri, Nov 29, 2013: The ever coherent #BBC. C'mon Auntie, is it a strong rise or a monthly drop for #houseprices ? http://t.co/0DyBBfYxhh ( ) Quote Link to comment Share on other sites More sharing options...
R K Posted November 29, 2013 Share Posted November 29, 2013 Presumably without 'printing for lending' the banks will have to go back into the market for funds and compete for savers, or is that wishful thinking? Nationwide announced last week they're issuing CCDS equity. http://m.londonstockexchange.com/exchange/mobile/news/detail.html?announcementId=11783280 Pretty strong results last week too on both sides of the b/sheet. Quote Link to comment Share on other sites More sharing options...
19 year mortgage 8itch Posted November 29, 2013 Share Posted November 29, 2013 Nationwide announced last week they're issuing CCDS equity. http://m.londonstockexchange.com/exchange/mobile/news/detail.html?announcementId=11783280 Pretty strong results last week too on both sides of the b/sheet. Is that what Pesto wrote about last week? Quote Link to comment Share on other sites More sharing options...
koala_bear Posted November 29, 2013 Share Posted November 29, 2013 Is that what Pesto wrote about last week? Yes Quote Link to comment Share on other sites More sharing options...
LiveinHope Posted November 29, 2013 Share Posted November 29, 2013 Hold on, if it was always due to end in January 2014, have they just extended it for business lending under the guise of cutting mortgage lending? Seems to be so, at the surface at least Quote Link to comment Share on other sites More sharing options...
fluffy666 Posted November 29, 2013 Share Posted November 29, 2013 Hold on, if it was always due to end in January 2014, have they just extended it for business lending under the guise of cutting mortgage lending? It's almost like they don't always tell the whole truth. Quote Link to comment Share on other sites More sharing options...
the_duke_of_hazzard Posted November 30, 2013 Share Posted November 30, 2013 Seems to be so, at the surface at least Merv extended it to 2015 last year, I think. Quote Link to comment Share on other sites More sharing options...
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