Fears of Further House Price Falls As Lending Hits New Low
Western Daily Press › September 21, 2010
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Summary
economic fundamentals, low consumer confidence, the tightening fiscal squeeze, persistent tight credit conditions and a supply/ demand balance in favour of buyers."
The Bank said data from the major lenders suggested net lending, which strips out redemptions and repayments, was "little changed" during August.See the full content of this document
Extract
Fears of Further House Price Falls As Lending Hits New Low
In a separate report, the Bank of England also said lenders had not been passing on the fall in its base rate ...
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