Monday, February 25, 2008

Well, what else did you expect?

Mortgage approvals spread more housing gloom

There was fresh evidence of a slowdown in the housing market today as figures revealed that mortgage approvals for new home purchases fell by a third in January compared to January 2007. remortgages which accounted for a record 49 per cent of all mortgage approvals.

Posted by hpwatcher @ 11:45 AM (993 views)
Please complete the required fields.

2 thoughts on “Well, what else did you expect?

  • Denial, anger then despair.

    In that order. Denial nearly ending, anger almost started,

    Please complete the required fields.

  • I think the denial stage may last a while longer. The great British public’s obsession with house prices will carry on until people see real evidence of a relative or neighbour who has been re-possessed. Until then they will prefer to listen to the VI’s positive spin – feels better that way.

    Maybe after the Easter / Spring ‘recovery’ fails to materialise a more realistic attitude may prevail – but I doubt it.


    Please complete the required fields.

Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>