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Strong Growth In Mortgage Lending

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And let's not forget that remortgaging was going down in the second half of 2005, so this is presumably new lending for house purchase.

Yes you're right. The MPC has obviously underestimated interest rates. They need to increase them by 0.25% immediately.

I don't see why the MPC can't undershoot the inflation figure if they think there are long term stability risks.

Edited by karhu

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  • 302 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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