Jump to content
House Price Crash Forum
Sign in to follow this  
othello

Mortgage Lending Slows In January (bbc)

Recommended Posts

We have Rightmove spinning furiously and suddenly POW! the BBC throws a spanner in the works. Is their regular Economics Editor on holiday this week?

http://news.bbc.co.uk/1/hi/business/4731926.stm

On a serious note, if lending is slowing at the time of year when it should be rising, the market must be falling. According to the article the BBA appears to share this view whereas the CML is 'confident' that the market is buoyant. Who do you think is ight?

Share this post


Link to post
Share on other sites
Guest Winners and Losers

Well its not cheap to keep those smoke and mirrors operating you know. The public funds will only go so far.. :D

Share this post


Link to post
Share on other sites

That is a strange article for the BBC :blink: - usually ones which appear bearish will end on a note like "but despite slowing mortgage lending, house prices are still set to rocket by as much as 10% this year"

Some very mixed reports on all aspects of the housing market and economy coming out at the moment, getting rather difficult to read between the lines.

Share this post


Link to post
Share on other sites

Maybe it's because I complained to them earlier about the RightMove story not mentioning RM are about to float and questioning their journalistic integrity...

Well maybe not :lol:

... but it's still worth keeping the pressure up on them.

Share this post


Link to post
Share on other sites
Guest Winners and Losers

Maybe it's because I complained to them earlier about the RightMove story not mentioning RM are about to float and questioning their journalistic integrity...

Well maybe not :lol:

... but it's still worth keeping the pressure up on them.

Maybe we are having an impact - don't give up and well done to you!

Share this post


Link to post
Share on other sites

It makes "Righmoves" rather odious reports of "houses selling like hotcakes" look a little thin and clearly indicates that the information from this particular VI is a somewhat callous attempt to drum up business regardless of the potential implications to their "victims"?

Share this post


Link to post
Share on other sites

Up! Down! More! Less! Best! Worst!

Anyone would think that the media just flips a coin and says lets interpret the market this way today in an effort to make their "news" stories seem like exclusives and that they are at the cutting edge of 'breaking news'.

Let's be honest. Noone has a clue what is going on.

Share this post


Link to post
Share on other sites

It makes "Righmoves" rather odious reports of "houses selling like hotcakes" look a little thin and clearly indicates that the information from this particular VI is a somewhat callous attempt to drum up business regardless of the potential implications to their "victims"?

Hi,

Hummmm, rightmove are off to the stock exchange soon to float the company in the spring. And they will be coming up to year end statements and profits in the spring. Now, if you were rightmove, flogging off your business in the next couple of months, you would want to present a healthy market picture, wouldn't you? Or am I overly cynical?

Boomer

Share this post


Link to post
Share on other sites

Hi,

Hummmm, rightmove are off to the stock exchange soon to float the company in the spring. And they will be coming up to year end statements and profits in the spring. Now, if you were rightmove, flogging off your business in the next couple of months, you would want to present a healthy market picture, wouldn't you? Or am I overly cynical?

Boomer

You are being cynical.

This is nothing of the sort. In the same way that the gym I am am a member of rainsing its monthly tarif by 5% in the last week has ABSOLUTELY NOTHING to do with the chain that owns the gyms being taken over a larger chain.

COMPLETELY UNRELATED. What do you think they're rtying to do? Inflate the value of the company or something?!

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 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%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.