Wednesday, July 26, 2006

Northern Rock hopes for ‘Soft Landing’

Northern Rock cautious on house prices

Northern Rock, one of the more lax mortgage lenders, today added its voice to predictions that the mini-boom in property prices will peter out. With more than 14 per cent of the UK mortgage market, NR argued that over the medium term house prices are likely to grow at the same rate as wages.

Posted by uncle chris @ 10:21 AM (638 views)
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One thought on “Northern Rock hopes for ‘Soft Landing’

  • Northern Rock added “DON’T RAISE RATES!”.

    The MPC begging letters coming in thick and fast.

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