Comments on: Withdrawing Equity from Homes

By: Beatrice | Retail Letting

Beatrice | Retail Letting — Wed, 10 Feb 2010 08:49:36 +0000

This would have happened its a pity that no one for saw it, but with the rescission hitting Europe and America the hardest people were told to save save, unfortunately with this happening it did cause a negative effect on the housing market.It was bound to happen that way.

By: Weekend reading for investors: 9/5/09

Weekend reading for investors: 9/5/09 — Sat, 09 May 2009 10:56:51 +0000

[...] Mortgage Guide UK shows how mortgage equity withdrawal has plunged here in the UK with a useful [...]

By: Monevator

Monevator — Sat, 09 May 2009 09:53:58 +0000

Pretty clear trend! From memory, didn’t MEW account for something like £1 in every £7 spent in the UK at the peak back in 2006? I guess for now the slack in the economy has been taken up by the spare cash from tracker mortgages being so low.