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Guest muttley

Credit Crunch To Last Until 2009

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Guest muttley

Credit crunch to last until 2009

Telegraph 19/3/08

The fears of millions of homeowners that their mortgages are about to get more expensive were confirmed by Dave Ramsden, the managing director of macroeconomic policy at the Treasury.

Mr Ramsden revealed that the Government was not expecting the premium over the Bank of England base rate charged by lenders to drop to the level enjoyed by consumers last

The sky is turning black with the wings of chickens coming home to roost.

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Guest Charlie The Tramp
The sky is turning black with the wings of chickens coming home to roost.

Nice find muttley, lots of cheap bargains becoming available, I wonder how much the OO in my area will ask for the Volvo Estate he bought last year from remortgaging his house ?

My 1991 model could do with replacing. :)

I`m getting worried as the vulture in me is breaking out. :(

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Another senior financial adviser to the Treasury added: "Consumers need to be aware that the mortgages they enjoyed before the credit crunch were priced at unsustainable levels.

'Nice'

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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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