Yes boomed.
Listen to Auntie Beeb -
http://news.bbc.co.uk/1/hi/magazine/7513563.stm :
1. HOUSE PRICES ARE UP
Believe it or not, they're still going up in places and still higher than a year ago almost everywhere
2. EMPLOYMENT RATE IS HIGH
The employment rate for the working-age population is about 75%, the highest rate in our recent history - and one of the highest in the OECD.
3. INFLATION HAS FALLEN
The Retail Price Index - the old way of measuring prices before the government changed things to produce a lower rate, known as the Consumer Price Index - has actually fallen from where it was just over a year ago.
4. LOWER EARNINGS ARE GOOD
5. WE'RE LIVING LONGER
So there you have it. BTL is back on and 1000% mortgages, forever and ever.
Listen to Auntie Beeb -
http://news.bbc.co.uk/1/hi/magazine/7513563.stm :
1. HOUSE PRICES ARE UP
Believe it or not, they're still going up in places and still higher than a year ago almost everywhere
2. EMPLOYMENT RATE IS HIGH
The employment rate for the working-age population is about 75%, the highest rate in our recent history - and one of the highest in the OECD.
3. INFLATION HAS FALLEN
The Retail Price Index - the old way of measuring prices before the government changed things to produce a lower rate, known as the Consumer Price Index - has actually fallen from where it was just over a year ago.
4. LOWER EARNINGS ARE GOOD
5. WE'RE LIVING LONGER
So there you have it. BTL is back on and 1000% mortgages, forever and ever.
Comment