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stevie1969

Bba Loans Approved Data

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http://www.bba.org.uk/content/1/c4/95/54/stats290507.pdf

data is not seasonally adjusted and so can be trusted

for house purchase

loans approved 1st quarter 07 = 237376

loans approved 1st quarter 06 = 251605

loans approved 1st quarter 05 = 212962

loans approved 1st quarter 04 = 312434

a fall of 5% on last year

a rise of 11% on 2005

a fall of 24% on 2004

approvals need to be lower still before house prices are affected - I suspect next months figures will show a further slowing

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http://www.bba.org.uk/content/1/c4/95/54/stats290507.pdf

data is not seasonally adjusted and so can be trusted

for house purchase

loans approved 1st quarter 07 = 237376

loans approved 1st quarter 06 = 251605

loans approved 1st quarter 05 = 212962

loans approved 1st quarter 04 = 312434

a fall of 5% on last year

a rise of 11% on 2005

a fall of 24% on 2004

approvals need to be lower still before house prices are affected - I suspect next months figures will show a further slowing

So we're between 05 and 06, and well down on 04. Sounds about right.

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the lowest HPI from Nationwide in recent years was between may 2005 and july 2006. This fits in with the slowing mortgage approvals, although the fall from 1st quarter 2005 from 1st quarter 2004 was a massive 32%.

A mere 5% on last years figures does not signal as much of a slow down - or does it?

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