Monday, Nov 20, 2006

Mortgage lending down

Firstrung: Mortgage approvals down nine percent in October

Higher borrowing costs appear to be beginning to have a dramatic effect on the UK's housing market, a leading industry group said today. The Building Societies' Association has revealed that the number of mortgage approvals, on a seasonally-adjusted basis, fell by 9 pct in October (from the previous month) to 4.3 bln stg.

Posted by converted lurker @ 02:10 PM (1438 views)
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5 Comments

1. Utis said...

9 percent is dramatic in situation we have? hahaha... Dramatic would be >50percent..

of course bankers are lazy and avid so each shallowing marsh of dumb assess asks makes heart pain..

Monday, November 20, 2006 02:24PM Report Comment
 

2. inbreda said...

YEAH UTIS!!!

YOU GO BOY!

But really - declining mortgage approvals means fewer transactions. Combined with higher prices it implies the peak of the market. Worth keeping an eye on these numbers.

Monday, November 20, 2006 11:21PM Report Comment
 

3. Glorious Sunshine said...

Carry on dreaming you fools!

Your obviously not on the ladder. I just love collecting rent money without working...Here is one of my favourites...

I want my BTL

Now look at them yo-yo's that's the way you do it
You play the guitar on the BTL
That ain't workin' that's the way you do it
Money for nothin' and your chicks for free
Now that ain't workin' that's the way you do it
Lemme tell ya them guys ain't dumb
Maybe get a blister on your little finger
Maybe get a blister on your thumb

We gotta install microwave ovens
Custom kitchen deliveries
We gotta move these refrigerators
We gotta move these colour TV's

(See the little faggot with the earring and the makeup
Yeah buddy thats his own hair
That little faggot got his own jet airplane
That little faggot hes a millionaire)

Gotta install microwave ovens
Custom kitchen deliveries
We gotta move these refrigerators
Gotta move these colour TV's

I shoulda learned to play the guitar
I shoulda learned to play them drums
Look at that mama, she got it stickin' in the camera
Man we could have some
And he's up there, what's that? Hawaiian noises?
Bangin' on the bongoes like a chimpanzee
That ain't workin' that's the way you do it
Get your money for nothin' get your chicks for free

We gotta install microwave ovens
Custom kitchens deliveries
We gotta move these refrigerators
We gotta move these colour TV's

Look a' here
That ain't workin' that's the way you do it
You play the guitar on your BTL
That ain't workin' that's the way you do it
Money for nothin' and your chicks for free
Money for nothin' and chicks for free

Money for nothin' and your chicks for free

Look at that, look at that

Money for nothin' and your chicks for free
I want my, I want my, I want my BTL
Money for nothin' and chicks for free

(Fade)
I want my, I want my, I want my BTL

Tuesday, November 21, 2006 12:06AM Report Comment
 

4. Pintail said...

glorious sunshine

you are such a kook

Tuesday, November 21, 2006 10:47AM Report Comment
 

5. waitingfor hpc said...

and BTL will fade just like that music!

Tuesday, November 21, 2006 10:53AM Report Comment
 

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