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Mortgage approvals down in February.

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Old 01 April 2014, 04:09 PM
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tony de wonderful
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Default Mortgage approvals down in February.

http://uk.reuters.com/article/2014/0...A2U0DN20140331

The Bank of England said on Monday mortgage approvals numbered 70,309 in February, the lowest since October last year.

It also represented a sharp fall from 76,753 in January, which was the highest in more than six years.
Sell your BTL's now!

Get out while you can!
Old 01 April 2014, 04:11 PM
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Old 01 April 2014, 04:27 PM
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pslewis
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Amazingly high figures for January mean that an adjustment was obvious .... we still charge ahead ..... it's hot round here, people outbidding each other even BEFORE a house is marketed!!

It's gone BONKERS!!

My house is earning more than me and I'm pulling in a packet!!
Old 01 April 2014, 04:40 PM
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Originally Posted by pslewis
Amazingly high figures for January mean that an adjustment was obvious .... we still charge ahead ..... it's hot round here, people outbidding each other even BEFORE a house is marketed!!

It's gone BONKERS!!

My house is earning more than me and I'm pulling in a packet!!
The only thing you're pulling is Ting Tong's ****. I expect the only packet you see contains custard creams
Old 01 April 2014, 06:02 PM
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Originally Posted by ScoobyWon't
The only thing you're pulling is Ting Tong's ****. I expect the only packet you see contains custard creams
Old 01 April 2014, 06:14 PM
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Wait until the 100% mortgage comes back, and everyone exits the rental sector. The BTL brigade won't be able to get rid quick enough.
Old 01 April 2014, 06:52 PM
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In central London they are going Stratospheric, we are talking 25 to 50k a month On a family home

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Old 01 April 2014, 11:28 PM
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This boom will go on for the next 10 years, it's always a 10 year cycle .....
Old 02 April 2014, 02:35 PM
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A small breathing space would be good right now. Difficult to buy under market these days with so many owner occupiers fighting for property. The only stuff I get a sniff at now is unmortgagable property.

Anyway the last two years have been very very good indeed. So much so that this is the view from my 'hut' for the next two weeks

Old 02 April 2014, 02:44 PM
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^^^^ Maldives?
Old 02 April 2014, 02:53 PM
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Originally Posted by Dingdongler
A small breathing space would be good right now. Difficult to buy under market these days with so many owner occupiers fighting for property. The only stuff I get a sniff at now is unmortgagable property.

Anyway the last two years have been very very good indeed. So much so that this is the view from my 'hut' for the next two weeks

^^^^^ Blackpool?
Old 02 April 2014, 05:05 PM
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Ah the nouveaux riche destination of choice!
Old 02 April 2014, 05:40 PM
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Glad my taxes are being spent so wisely…

Many views around here compete with that - but colder. Much colder.
Old 03 April 2014, 07:34 AM
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Originally Posted by Dingdongler
A small breathing space would be good right now. Difficult to buy under market these days with so many owner occupiers fighting for property. The only stuff I get a sniff at now is unmortgagable property.

Anyway the last two years have been very very good indeed. So much so that this is the view from my 'hut' for the next two weeks

Wicked, wicked junglist massive.
Old 03 April 2014, 10:46 AM
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Dingdongler
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Originally Posted by Matteeboy
Glad my taxes are being spent so wisely…

Many views around here compete with that - but colder. Much colder.

Cornwall is a gorgeous part of the country Mattee but it can't compare with the Indian Ocean, even with the weather taken into account.

However, you are for sure made of sturdier stuff than me so you can enjoy the more rugged charms of the UK. I'm a bit soft and so need it to be 30 degrees and dressed in budgie smugglers to enjoy outside pursuits.

Btw, your taxes haven't paid for this trip
Old 03 April 2014, 10:51 AM
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Originally Posted by Dingdongler
Cornwall is a gorgeous part of the country Mattee but it can't compare with the Indian Ocean, even with the weather taken into account.

However, you are for sure made of sturdier stuff than me so you can enjoy the more rugged charms of the UK. I'm a bit soft and so need it to be 30 degrees and dressed in budgie smugglers to enjoy outside pursuits.

Btw, your taxes haven't paid for this trip
TBH I am rather partial to a bit of warm water; the Med being the most recent foray. A month off from July 28th in Europe should be okay too; not as warm but still bearable.

Lots of mates have been to the Maldives - it gets some good waves. BTW, be careful posting photobucket pics - I was able to view your entire album, including house plans and I am definitely NOT some techy nerd hacker.

House price rises paid for it? I've helped pay for that is a very, very roundabout way
Old 03 April 2014, 11:07 AM
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Dingdongler
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Thanks Mattee!

I didn't realise that about the photobucket account. Luckily there is nothing 'sensitive' in that account, but still worth being careful. I've changed some settings, can you see if you can still view all pictures please?

Thanks again
Old 03 April 2014, 11:52 AM
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All fine now - the folder is marked as "private."
Old 03 April 2014, 12:15 PM
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Thanks Mattee.

I haven't seen any surfers about btw, the waters seem too calm.
Old 03 April 2014, 02:50 PM
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Originally Posted by Dingdongler
Thanks Mattee.

I haven't seen any surfers about btw, the waters seem too calm.
They usually go out on large boats and surf off the islands near by - one break called "Pasta Point" is often good. I think it's sort of on the "mainland" - not that there really is a mainland.

This is the Maldives and about as perfect as a wave can get:

Old 03 April 2014, 04:07 PM
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Originally Posted by Matteeboy
All fine now - the folder is marked as "private."
Good job too, the pics of his wife/girlfriend were really good
Old 03 April 2014, 04:17 PM
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I thought those piccies of his wife and girlfriend interesting too ...... I had no idea how many uses a wine bottle could be put to
Old 03 April 2014, 09:42 PM
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Ding are you not worried your house will be broken into when you are away, or did you install that fancy alarm?

Old 03 April 2014, 09:57 PM
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Originally Posted by ScoobyWon't
The only thing you're pulling is Ting Tong's ****. I expect the only packet you see contains custard creams




On a serious note..... a house went up for sale opposite us. I reckon it was £15k over priced. It sold in 3 days!

It's mental alright!
Old 05 April 2014, 12:21 PM
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Originally Posted by tony de wonderful
Ding are you not worried your house will be broken into when you are away, or did you install that fancy alarm?



Come on Tony, you'll have to do better than that if you want me to bite.
Old 05 April 2014, 04:04 PM
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Ding - the Indian Ocean you say?

If you stub your toe on what looks like an aeroplane, give Malaysia a ring.


Have a good one.
Old 06 April 2014, 07:08 AM
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Thanks Zip, I'll keep my ear out for the ping

Here you go Tony, this might make you feel better.




http://www.lloydsbankinggroup.com/me...e-price-index/
Old 06 April 2014, 05:02 PM
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Originally Posted by tony de wonderful
http://uk.reuters.com/article/2014/0...A2U0DN20140331



Sell your BTL's now!

Get out while you can!

I think you will find its buy your BTL,s TDW....
Cash of course !!!
Hence the mortgage drop off !!!
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