Zzzzzzzzzzzzzzzzzzzzzzzzzz Posted May 18, 2018 Share Posted May 18, 2018 Hi - I was just wondering whether there is any specific info on London mortgage lending - what drove the post-crash price increases - also wonder whether there's any info on post-crash non-mortgage purchasing activity in London (ie cash / foreign investment?) - any advice would be very welcome! Gruffy! Quote Link to comment Share on other sites More sharing options...
juice05 Posted May 18, 2018 Share Posted May 18, 2018 Its gonna be led by down valuations - which we are seeing. If you are maxed out with 15/20% deposit, you cant buy im this market. BoE will be quick to open the tap and maintain fair rates so we wont see credit stresses on mortgage lending. This is something that we will see in the broader economy. I dont think banks will get too worried re lending from mortgages so long as yield curve remains flattish and boe is supportive. Remember that the plates gotta keep spinning when the broader economy is weak. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.