Bank lending actually rose in August Bank lending actually rose in August
Page 1 of 2 12 LastLast
Posts 1 to 10 of 16
  1. #1

    Banned

    Cyberman has no reputation


    Join Date
    Apr 2007
    Location
    Berkshire
    Posts
    4,892

    Default Bank lending actually rose in August

    .. at the risk of this having been posted before, I just thought this is just a little bit of welcome good news.

  2. #2

    Richer than sasguru

    DimPrawn is a fount of knowledge

    DimPrawn's Avatar
    Join Date
    Jul 2005
    Location
    Brexit Britain
    Posts
    34,554

    Default

    Aye Cyberman.

    You were right all along.

    Stock markets booming again, interest rates heading to zero, no job losses and now property heading for a mega boom.

    I'll be riding the coming boom in the next few months.

    THANK GOD FOR GORDON!!!

    Imagine the mess if the Tories had been in charge!
    Last edited by DimPrawn; 29th October 2008 at 13:00.
    I was miserable and depressed, but CUK turned it all around. Now I'm depressed and miserable.

  3. #3

    Banned

    Cyberman has no reputation


    Join Date
    Apr 2007
    Location
    Berkshire
    Posts
    4,892

    Default

    I hope you agree with me now, Dim, that interest rates should have been cut dramatically, as I remember you slagging me off when I had the audacity to explain why a few weeks back.
    Unfortunately though, Brown and Co. have left it far too late and the recession will now be much longer.

  4. #4

    Super poster

    ThomasSoerensen is too good to be a permie

    ThomasSoerensen's Avatar
    Join Date
    Jul 2007
    Location
    Germania
    Posts
    3,049

    Default

    Quote Originally Posted by Cyberman View Post
    .. at the risk of this having been posted before, I just thought this is just a little bit of welcome good news.
    Time for the next cheap-credit fueled bubble to come over the horizon

    It looks like they have no idea what hit them. Idiots.

  5. #5

    Banned

    Cyberman has no reputation


    Join Date
    Apr 2007
    Location
    Berkshire
    Posts
    4,892

    Default

    Quote Originally Posted by ThomasSoerensen View Post
    Time for the next cheap-credit fueled bubble to come over the horizon

    It looks like they have no idea what hit them. Idiots.

    I hope that the banks and HMG(through credit guidelines in regulation) will be applying more commonsense this time, by insisting on proper credit-checks and sufficient equity. No more return to anything above 80% mortgages, hopefully.

  6. #6

    Double Godlike!

    Bagpuss is good enough for Jehovah!


    Join Date
    Jul 2005
    Posts
    10,066

    Default

    What are you on about "this time". Do you honestly believe house prices are about to rise again?

    Bank lending grew in August
    Last edited by Bagpuss; 29th October 2008 at 13:35.
    The court heard Darren Upton had written a letter to Judge Sally Cahill QC saying he wasn’t “a typical inmate of prison”.

    But the judge said: “That simply demonstrates your arrogance continues. You are typical. Inmates of prison are people who are dishonest. You are a thoroughly dishonestly man motivated by your own selfish greed.”

  7. #7

    Fingers like lightning

    Liability has no reputation


    Join Date
    May 2007
    Posts
    952

    Default

    Quote Originally Posted by Bagpuss View Post
    What are you on about "this time". Do you honestly believe house prices are about to rise again?

    Bank lending grew in August
    regionally they will - as absurd as that sounds - where I am in my area house prices have gone up 1.5% in the last quarter.

    But on topic, this month and next month and month after mortgage lending will go up - it has to - Political more than anything as its a confidence message and now the Firm has control over banks they have alot more say so.

    Next to be looked at are energy firms - that will be interesting

  8. #8

    Banned

    Cyberman has no reputation


    Join Date
    Apr 2007
    Location
    Berkshire
    Posts
    4,892

    Default

    Quote Originally Posted by Bagpuss View Post
    What are you on about "this time". Do you honestly believe house prices are about to rise again?

    Bank lending grew in August

    ... an upturn in bank lending on mortgages is a precursor hopefully to better times. If things have bottomed out that has to be a good thing, and yes, house prices will eventually rise again. My guess is from 2010, which it has always been, but that does depend on HMG decisions on interest rates, in which I have little faith.

  9. #9

    Double Godlike!

    Bagpuss is good enough for Jehovah!


    Join Date
    Jul 2005
    Posts
    10,066

    Default

    Debt is good!

    and I thought it was Greed!
    The court heard Darren Upton had written a letter to Judge Sally Cahill QC saying he wasn’t “a typical inmate of prison”.

    But the judge said: “That simply demonstrates your arrogance continues. You are typical. Inmates of prison are people who are dishonest. You are a thoroughly dishonestly man motivated by your own selfish greed.”

  10. #10

    Super poster

    ThomasSoerensen is too good to be a permie

    ThomasSoerensen's Avatar
    Join Date
    Jul 2007
    Location
    Germania
    Posts
    3,049

    Default

    Quote Originally Posted by Cyberman View Post
    ... an upturn in bank lending on mortgages is a precursor hopefully to better times. If things have bottomed out that has to be a good thing, and yes, house prices will eventually rise again. My guess is from 2010, which it has always been, but that does depend on HMG decisions on interest rates, in which I have little faith.
    that is no small assumption you are making there.

    we are no where close to the bottom

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •