tag:blogger.com,1999:blog-2948538160252327076.post2570058073291981946..comments2023-11-02T15:48:50.381+00:00Comments on UK Bubble UK Economy: Mortgage approvals - another catastrophic monthAlice Cookhttp://www.blogger.com/profile/05753570123987780947noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-2948538160252327076.post-10654646185021564022008-07-25T15:45:00.000+01:002008-07-25T15:45:00.000+01:00"And yet in Notting Hill Gate 1-beds are still com..."And yet in Notting Hill Gate 1-beds are still commanding prices of £375-400,000."<BR/><BR/>Have you been on the Land Registry to see if they actually sold at that price, or if it's just a number on a piece of paper in the estate agent's window?<BR/><BR/>NickAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-32376937069252004262008-07-24T14:40:00.000+01:002008-07-24T14:40:00.000+01:00This approvals data is absolutely key... coupled w...This approvals data is absolutely key... coupled with data about the balance of payments, this data gives me the most confidence that house prices will continue to slide in nominal terms.<BR/><BR/>Don't stop posting the updates. ;)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-23388116980965523222008-07-24T13:47:00.000+01:002008-07-24T13:47:00.000+01:00What about a graph combining the two?Average amoun...What about a graph combining the two?<BR/><BR/>Average amount borrowed per mortgage application?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-24003885981371338962008-07-24T09:32:00.000+01:002008-07-24T09:32:00.000+01:00It wont happen in one go, people will slowley real...It wont happen in one go, people will slowley realise that they cant get such stupid prices for thier property, all it takes is someone ahead of the curve to reduce by 30-50% and like a house of cards....Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-64594468159218831552008-07-24T07:39:00.000+01:002008-07-24T07:39:00.000+01:00And yet in Notting Hill Gate 1-beds are still comm...And yet in Notting Hill Gate 1-beds are still commanding prices of £375-400,000. When will it crack. Ever?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-34464709817462018712008-07-23T22:04:00.000+01:002008-07-23T22:04:00.000+01:00Glorious! We'll be able to seriously think about b...Glorious! We'll be able to seriously think about buying in a year or two!<BR/><BR/>I have taken the liberty of updating your Nequity-o-meter in the form of an <A HREF="http://markwadsworth.blogspot.com/2008/07/marks-negative-equity-o-meter.html" REL="nofollow">easy to read table.</A>Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-53583586567660172142008-07-23T20:53:00.000+01:002008-07-23T20:53:00.000+01:00Let us not forget the number of senior citizens - ...Let us not forget the number of senior citizens - not necessarily pensioners - who want to lay their hands on their final home of choice before their home plummets in price. These people are being given a tiny mortgage with no credit problems.<BR/><BR/>Take those people out of the graph and how many house price stimulating buyers are left?<BR/><BR/>Bad, bad newsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-38821149510612850282008-07-23T20:46:00.000+01:002008-07-23T20:46:00.000+01:00One of my favourite graphs!Gets straight to the po...One of my favourite graphs!<BR/><BR/>Gets straight to the point without the added complications of remortgaging and net lending. <BR/><BR/>Bliss.<BR/><BR/>Chefdvae.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2948538160252327076.post-26250302920217519792008-07-23T20:04:00.000+01:002008-07-23T20:04:00.000+01:00In my home town the house prices have been stubbor...In my home town the house prices have been stubbornly high and showing only tiny falls recently. Currently it feels like the sellers are playing the waiting game to get a sale at a high price.<BR/><BR/>I expect the cliff to appear within a year when forced repossessions and general house movers start to filter through.<BR/><BR/>MikeAnonymousnoreply@blogger.com