Thursday, April 1, 2010

Its the snow wot dunnit!

U.K. Mortgage Demand May Increase in Second Quarter, BOE Says

"U.K. banks expect demand for mortgages to increase in the second quarter as the end of the longest cold snap in 30 years renews interest in the housing market, the Bank of England said".

Posted by alan @ 04:48 PM (1131 views)
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6 thoughts on “Its the snow wot dunnit!

  • I would expect the demand to be for re-mortgaging and fixing before the inevitable rate increases start.

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  • Is it really the job of the Bank of England to ramp and speculate like this?

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  • only if it isnt independent

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  • y’know it could just be it was the snow. I’d wait for the trend before opening the HPC bubble

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  • paul, they are not really ramping they conducted one of their regular member surveys.

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  • who stole my pension? says:

    Its just like British Rail – an excuse for every occasion! Next it will be leaves on the pavement preventing people from getting to the banks!

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