And what about the off balance sheet debt?....

Mail: Government borrowing falls to its lowest level since before the financial crisis - but national debt soars to a record £1.27 trillion

'The debt has doubled in five years, tripled in nine years and quadrupled in 12 years as Britain lived way beyond its means.'

Posted by hpwatcher @ 04:29 PM 2 Comments

Aargh! My dirty little secret is out!

Leamington Spa Courier: Record month for Heritage Property in Kenilworth

The Kenilworth branch of Heritage Property celebrated record sales for March 2014 with sales of over £7 million being agreed. Sales manager Mark Wadsworth, an estate agent with 25 years experience said: “We had an excellent start to the year exceeding our targets in both January and February but March has proved to be a record breaking month."

Posted by mark wadsworth @ 02:33 PM 5 Comments

Approvals slow as MMR deadline date nears

TurnKey Mortgages: Mortgage approvals slow

After 11 consecutive month-on-month increases, the number of mortgages approved for home purchases dropped between January and February 2014 as lenders geared up to implement the FCA's tough new mortgage regime.

Posted by ben @ 02:27 PM 3 Comments

Watch that debt interest, global interest rates are rising!

Tradingfloor: New Zealand Central Bank Raises Official Cash Rate to 3.00%

WELLINGTON, New Zealand--New Zealand on Thursday raised interest rates for the second consecutive month as the nation's economic expansion gains momentum and inflationary pressures increase. "In this environment it is important that inflation expectations remain contained. To achieve this it is necessary to raise interest rates towards a level at which they are no longer adding to demand," Reserve Bank Governor Graeme Wheeler said in a statement after lifting the cash rate 25 basis points to 3.00%. He underscored, however, the speed and extent to which the cash rate will be raised "will depend on economic data and our continuing assessment of emerging inflationary pressures, including the extent to which the high exchange rate leads to lower inflationary pressure."

Posted by khards @ 09:20 AM 6 Comments

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