Missing Madeleine
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BOE could step in if Banks underestimate risky loans.

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BOE could step in if Banks underestimate  risky loans. Empty BOE could step in if Banks underestimate risky loans.

Post  Panda Thu 10 Jul - 16:38

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/10958623/Bank-of-Englands-Andrew-Bailey-says-regulator-could-step-in-if-banks-underestimate-risky-loans.html

That is what Banks do all the time ....underestimate (deliberately I think) the ability of the Mortgagee to repay the Loan.There should be a limit on the price of a house in the U.K. Loan: initial purchase price of the House, add...any money spent on improvements to the Property , add... the current cost of living index . We know that in London prices have gone through the roof, because Oligarks have the money to pay outlandish prices , but something needs to be done because tthhe Housing Boom/Bust affects us all.
Panda
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Number of posts : 30555
Age : 67
Location : Wales
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BOE could step in if Banks underestimate  risky loans. Left_bar_bleue0 / 1000 / 100BOE could step in if Banks underestimate  risky loans. Right_bar_bleue

Registration date : 2010-03-27

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BOE could step in if Banks underestimate  risky loans. Empty BOE mulls extra requirements for large Banks

Post  Panda Fri 11 Jul - 16:34

Panda
Panda
Platinum Poster
Platinum Poster

Female
Number of posts : 30555
Age : 67
Location : Wales
Warning :
BOE could step in if Banks underestimate  risky loans. Left_bar_bleue0 / 1000 / 100BOE could step in if Banks underestimate  risky loans. Right_bar_bleue

Registration date : 2010-03-27

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