Mortgage Lending Graphs

[zzg113]

http://www.propertyfacts.co.uk/old/mortgag...gagelending.htm

Look at it drop off a cliff in 2004 ! HPC here we come!

[Booboo]

Wowser that's a beauty - that's why you're a super user!!

[Guest muttley]

There is a saying in finance:-

" The bull goes up the stairs,the bear goes out the window"

I think your graph demonstrates that zzg

[RichM]

I'm assuming that the y-axis is billions of pounds of mortage debt pa? Or is it some relative scale?

[RichM]

The rest of the album was ok, but this was perhaps my favourite on the album:

The Fear

This is our "Music from A Bachelors Den" -

the sound of loneliness turned up to ten.

A horror soundtrack from a stagnant water-bed

And it sounds just like this.

This is the sound of someone losing the plot -

making out that they're okay when they're not.

You're gonna like it,

but not a lot

and the chorus goes like this:

Oh baby,

here comes the fear again.

The end is near again.

A monkey's built a house on your back.

You can't get anyone to come in the sack

and here comes another panic attack

Oh here we go again.

So now you know the words to our song,

pretty soon you'll all be singing along.

When you're sad, when you're lonely

and it all turns out wrong.

When you've got the fear.

And hen you're no longer searching

for beauty or love -

just some kind of life

with the edges taken off.

When you can't even define what it is that you're frightened of

this song will be here.

Oh baby,

here comes the fear gain.

The end is near again.

If you ever get that chimp off your back.

If you ever find the thing that you lack

but you know you're only having a laugh

and here we go again.

Until the end.

Kind of seems relevant somehow...

[THE SAGE]

Late on a Friday evening when everyone else are losing their heads

zz is still there with the common sense.

zz I salute you.

[laurejon]

What is better.

A roof over your head

or Common sense?.

[Guest muttley]

What is better.

A roof over your head

or Common sense?.

<{POST_SNAPBACK}>

Common sense

(Isn't that common sense?)

[Tonyb69]

If you can keep your head while all those around you are losing theirs then you obviously don't understand the seriousness of the problem!!!!!!!!

[Sledgehead]

What is better.

A roof over your head

or Common sense?.

<{POST_SNAPBACK}>

If you have common sense, you can acquire a roof over your head.

A fool and his money however are easily parted.

[THE SAGE]

What is better.

A roof over your head

or Common sense?.

<{POST_SNAPBACK}>

So a roof over your head is better than common sense?

Maybe we should stop trying to educate our young and just put them into

140k luxury flats and we will have solved all the nations problems?

Oh I forgot put them into the flats at interest only mortgages of course

because we know that prices are always going to rise don't we?

You cannot go wrong with property can you?

[jpjh]

zz...

I put that graph in the Estate Agents Disaster Recovery Plan over a week ago.

cmon keep up.....

Estate Agents Disaster Recovery Plan

[THE SAGE]

If you can keep your head while all those around you are losing theirs then you obviously don't understand the seriousness of the problem!!!!!!!!

<{POST_SNAPBACK}>

You keep your head because you will have already worked out how serious the problem is!

That is why the majority of the contributors and viewers here realise the housing market is completely and utterly screwed and will keep their heads as they can sit back and have a beer while all the dinner party btl brigade get wekk and truly shafted!!!

[VacantPossession]

What is better.

A roof over your head

or Common sense?.

<{POST_SNAPBACK}>

Another non-sequitur. Keep 'em coming. (See other Laurejon contributions).

Non-sequitur: A statement that does not follow logically from what preceded it

VP

[THE SAGE]

Another non-sequitur. Keep 'em coming. (See other Laurejon contributions).

Non-sequitur: A statement that does not follow logically from what preceded it

VP

<{POST_SNAPBACK}>

Yes I know it is futile trying to have a rational debate with someone

such as laurejon but you cannot help yourself sometimes.

So as bulls are constantlly making outrageous claims I will stick by

my prediction of 40% fall in house prices by March 2006!

[laurejon]

Yes I know it is futile trying to have a rational debate with someone

such as laurejon but you cannot help yourself sometimes.

So as bulls are constantlly making outrageous claims I will stick by

my prediction of 40% fall in house prices by March 2006!

Now that is one hell of a prediction.

Tell me oh wise one, where will interest rates be in March 2006?.

5,6,7,8,9,10,11,12,13,14,15,16% or maybe more?.

[THE SAGE]

Now that is one hell of a prediction.

Tell me oh wise one, where will interest rates be in March 2006?.

5,6,7,8,9,10,11,12,13,14,15,16% or maybe more?.

<{POST_SNAPBACK}>

With all the speculation and wailing and knashing of teeth that goes on over a

possible 1/4 % increase then it doesn't take a genius to work out that it may take

only a further 1% increase from now to completely screw the housing market for

years to come.

I say it doesn't take a genius to work out the above but I forgot I was responding

to Laurejon.

[Gtr London FTB]

I'm assuming that the y-axis is billions of pounds of mortage debt pa? Or is it some relative scale?

<{POST_SNAPBACK}>

I think it's the number of mortgages give in 000s. That graph is seasonally adjusted.

[Guest consa]

Shouldn't that graph show mortgages down to about 63000? if it was up to date, its about 20 000 too high

[Van]

Ladies and gentlemen, this is your captain speaking. Do not panic. We are out of fuel, all engines have stopped, and there is no emergency runway in sight. Please assume the crash position.

[Once Bitten x2 Shy]

If you have common sense, you can acquire a roof over your head.

A fool and his money however are easily parted.

<{POST_SNAPBACK}>

How about a fool and the bank's borrowed money?

[Bearfacts]

Shouldn't that graph show mortgages down to about 63000? if it was up to date, its about 20 000 too high

<{POST_SNAPBACK}>

According to a graph I have ( downloaded from this site ) showing Bank of England data for mortgage approvals from 1986, 63000 is actually considerably lower than the lowest months figures during the last property crash, the lowest recorded then was approx 68000. the graph also showed how house prices tracked loan numbers albeit with a bit of a time lag, so here we go .....