Would MF be doomed? Would MF be doomed?
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    "There are a number of things happening ... we are watching it closely and we will take action," he told the FT.

    Mr Carney said the problem was that investors might sell their properties at the same time if house prices fell.

    Obviously been watching it for quite some time.

    Might all sell, no tulip Sherlock.

    The guy always kills me

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    So basically, if house prices keep going up, all tickety-boo, carry on BTLers, we salute you.

    But, horror of horrors, if by some tragic circustances, prices looks to fall a percent or two, we'll blame BTL for the banks lending exuberances, not the other way round.

    Must protect the banker's bonuses at all costs...
    Three-and-a-half years, two extensions, seven defections, 21 deselections, three prime ministers, countless amendments, two prorogations, one Supreme Court judgement, 66 million Brits losing the will to live and were still at square one...

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    FTFY

    Quote Originally Posted by DimPrawn View Post

    Must protect Carneys bonus at all costs...

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    Just put an offer in on two more properties. May as well get in before the stamp duty rise, take a years worth of 7/8% capital growth and then sell out again in 18 months.

    Easy peasy. Lemon squeezy.
    What happens in General, stays in General.
    You know what they say about assumptions!

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    Carney can easily force higher interest rates on BTL lending by requiring banks to make much bigger provisions for loss on such lending ... BoE could have done it long time ago...

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    Quote Originally Posted by AtW View Post
    Carney can easily force higher interest rates on BTL lending by requiring banks to make much bigger provisions for loss on such lending ... BoE could have done it long time ago...
    Exactly, I wonder why

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    Quote Originally Posted by AtW View Post
    Carney can easily force higher interest rates on BTL lending by requiring banks to make much bigger provisions for loss on such lending ... BoE could have done it long time ago...
    He has a much more important focus.

    His own mind blowing bonus and gargantuan pension pot.
    Three-and-a-half years, two extensions, seven defections, 21 deselections, three prime ministers, countless amendments, two prorogations, one Supreme Court judgement, 66 million Brits losing the will to live and were still at square one...

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    So no action on borrow to let then

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    Quote Originally Posted by MicrosoftBob View Post
    So no action on borrow to let then
    Karney will write a strong worded article for the Sun on dangers of borrow to lets...

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