Tuesday, July 5, 2011

Running on empty

The great mortgage payback slows as Britons feel the austerity squeeze Read more: http://www.dailymail.co.uk/news/article-2011062/The-great-mortgage-payback-slows-Britons-feel-austerity-pinch.html#ixzz1RDHv86I6

The Bank of England figures showed Britons pumped £5.832billion of equity into their homes in the first three months of this year, the smallest injection in a year.

Posted by happy mondays @ 08:24 AM (1452 views)
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3 thoughts on “Running on empty

  • Thats great news!

    6 Billion can now be slashed from asking prices! How much is that per property?

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  • richy richless says:

    personally for me this is very clear barometer of homeowner/consumer confidence and a clear signal that Happy Mondays has hit bang on..the tanks are running dry driven by rising prices everywhere

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  • Hmm that’s only around 6k per house.

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