Wednesday, December 7, 2016

Scratches head and pulls out a splinter or two

Sales of luxury homes slump in London

... and I heard RBS are increasing Mortgage rates ? Never mind ECB will no doubt ride to the rescue... or will it ??

Posted by techieman @ 07:11 PM (6027 views)
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3 thoughts on “Scratches head and pulls out a splinter or two

  • ”Sales of luxury apartments in London have collapsed by more than 80 per cent since the spring in a “staggering” market slump, the Evening Standard can reveal.”

    Shame the prices haven’t fallen by 80%. They will have to fall a lot farther before I’ll be buying, not that I want a glitzy rabbit hutch.

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  • The Tories answer to the much better mansion tax has killed the market – but at least the entrenched housing lottery winners have got off scot free!

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  • “HSBC scratches head and pulls out a rate rise or Two …………………”

    The first evidence has emerged that the era of record-low fixed-rate mortgages may be coming to an end after HSBC withdrew its “cheapest-ever” deal and increased rates on other products.

    HSBC had been offering a mortgage that allowed customers to lock in for two years at a rate of 0.99%, but this deal has been pulled with immediate effect.

    SOURCE http://www.theguardian.com/money/2016/dec/06/hsbc-raises-mortgage-rates-pulls-cheapest-ever-fixed-rate-end-record-low-interest

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