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Boomed!

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    Boomed!

    http://news.bbc.co.uk/1/hi/business/6194900.stm

    Mortgage market continues to boom

    Mortgage lending and mortgage approvals in the UK are running at their highest level since 2003, the Bank of England has said.
    The amount of money lent on new mortgages in October rose by £9.8bn, the strongest monthly rise since 2003.

    Likewise, the number of new mortgages approved for house buying rose to 128,000, the highest level since December 2003.

    The figures will add weight to the view that the housing market is growing.




    Get out of that one Alexei!


    #2
    There is always a boom before bust.

    HTH

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