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FTBagain

Lots Of Positive Spin Lately

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Data from CML to debunk the spin.

First graph shows number of FTB per quarter. Yup numbers have recovered just lately but from an all time low.

First_time_number.jpg

Second graph shows repos on the up. These are half yearly figures so the next lot will not be out until about August.

Repos.jpg

The FTB numbers are still well below trend and judging by the spiky nature of the data are due to fall back again (after the spring bounce).

Repos are on the up, and if the news reports from various banks are to be believed, Repos are still rising. And that is with record low IR's.

Market recovery :huh:

post-1956-1144688568.jpg

post-1956-1144688740.jpg

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Data from CML to debunk the spin.

First graph shows number of FTB per quarter. Yup numbers have recovered just lately but from an all time low.

First_time_number.jpg

Second graph shows repos on the up. These are half yearly figures so the next lot will not be out until about August.

Repos.jpg

The FTB numbers are still well below trend and judging by the spiky nature of the data are due to fall back again (after the spring bounce).

Repos are on the up, and if the news reports from various banks are to be believed, Repos are still rising. And that is with record low IR's.

Market recovery :huh:

Below is a graph detailing percent of income going on interest repayment alone. Uses Average Loan Amount from Council of Mortgage Lenders and Average Income from the ONS or whatever this weeks official government statisticians are called.

2005 - Total Loan amount £126.8 billion from 1,002,900 Loans (average £126,469) Average Income £27,293 and Average Mortgage rates 5.55%. So Rapayment of 7,022 divided by 27923 is 25.15% - and dont forget Tax and Energy costs are a lot higher than in 1990.

oHdEAR.jpg

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  • 301 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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