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Bovis Calls For Rate Cuts To Stop Housing Slump

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http://www.telegraph.co.uk/money/main.jhtm...bcnbovis110.xml

Housebuilder Bovis Homes has urged the Bank of England to make further interest rate cuts if the housing market is to emerge from the current "weak cycle".

Maybe we should all write to the BOE to ask for an interest rate rise to stop the **** faliling out of the value of our currency and savings :angry:

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Don't they realise that they're doing more to damage sentiment than anything else? By screaming that the market will be ******ed without massive rate cuts which are not going to come they will just make more people stay away from property.

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Its a bit like an Anti-aircraft missle factory asking the PM to start a war so they can sell more missile :(

Seriously Bovis should be looking at their own prices and refelecting the low demand by "LOWERING PRICES"... feckless morons.

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Housebuilder Bovis Homes has urged the Bank of England to make further interest rate cuts if the housing market is to emerge from the current "weak cycle".

Dimwits! it is not the interest rate it is the fact that lenders are not throwing money at anyone anymore that happens to walk past their branch. It is different this time as it is not 2005. The bank can't save the unsavable..

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Dimwits! it is not the interest rate it is the fact that lenders are not throwing money at anyone anymore that happens to walk past their branch. It is different this time as it is not 2005. The bank can't save the unsavable..

Those F*ckwits can go suck on Mervs fat, hairy, monetaryist balls before rates will fall on demand! Anyone want to email the CEO of bovis to explain Base rate - LIBOR spreads?

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http://www.telegraph.co.uk/money/main.jhtm...bcnbovis110.xml

Housebuilder Bovis Homes has urged the Bank of England to make further interest rate cuts if the housing market is to emerge from the current "weak cycle".

Simple Economics just lower your prices. That was the only trick that worked during the last crash when lowering interest rates failed. Interest rates are a fad. YOu could lower them one month and then up them the next month. Price Reductions are more realistic. I recall no one was shouting to increase interest rates when prices were going up. :lol::lol::lol::lol:

BOVIS the next ENRON :lol::lol::lol::lol:

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I say let the BoE cut em. Only goes to show the banks don't lend at lower rates because the BoE have lowered theirs.

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  • 292 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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