Friday, October 3, 2008

Goodbye BTL / Second homes / 4×4’s / Luxury Holidays etc

Housing equity withdrawal turns negative in Q2

The housing equity withdrawal turned negative in the second quarter for the first time in a decade as households repaid a net 2.8 billion pounds after withdrawing 5.2 billion pounds in the first quarter, the Bank of England said on Friday.

Posted by landedgentry @ 10:08 AM (371 views)
Please complete the required fields.

One thought on “Goodbye BTL / Second homes / 4×4’s / Luxury Holidays etc

  • crash bandicoot says:

    “Rising house prices in recent years encouraged Britons to refinance home loans to free up cash for other purposes”

    No way! you mean that it was just remortgaging after all? I thought that it was a new way to earn money.

    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Your email address will not be published.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>