Banks 'to freeze mortgages' as Treasury reveals house prices will plummet by a QUARTE

Legal Beagles

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#1

Banks 'to freeze mortgages' as Treasury reveals house prices will plummet by a QUARTE

25th November 2008, 13:40:PM

Mortgage lending could dry up completely next year leaving no-one able to afford to buy a new home, according to a devastating new report.

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Tags: find, government, mortgages
scoobydoo

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Joined: Nov 2007

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#2

25th November 2008, 22:41:PM

Re: Banks 'to freeze mortgages' as Treasury reveals house prices will plummet by a QU

AARRRRGGGHHH

if we all knew what would happen with house prices - in the past we would have been millionaires.

Now we are talking them down!

So why were the government saying we had to build thousands of houses on green belt /brown field sites etc.

STOP IT !

start lending and let the market find its own level.

"What makes the desert beautiful is that somewhere it hides a well." - Antione de Saint Exupery

"Always reach for the moon, if you miss you'll end up among the stars"
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