We're all doomed!

clock

For the last couple of years that I have worked as a mortgage journalist there has always been what I suppose we can call the elephant in the room - to pinch a rather well worn political phrase - of a housing market gone bust.

This has much to do with the experiences of many that have worked in the mortgage industry for the last couple of decades during which they lived through at least one housing market collapse. It has also largely been disregarded as rather an unlikely possibility in the new, modern, more stable, economic environment. In fact, various organisations from the Council of Mortgage Lenders (CML) to the British Banker’s Association (BBA) to the Association of Mortgage Intermediaries, the Halifax and Nationwide Building Society have been at pains over the last couple of years to tell us just how r...

To continue reading this article...

Join Professional Adviser

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login

More on Mortgages

Summer economic update: Sunak confirms stamp duty holiday in 'mini-Budget'

Mini Budget

Hannah Godfrey
clock 08 July 2020 • 2 min read

FCA sounds alarm on equity release advice

'Tick-box exercise'

Hannah Godfrey
clock 17 June 2020 • 1 min read

Spring Statement 2018: 60,000 first-time buyers get stamp duty boost

27,000 ‘affordable new homes’ to London

Hannah Godfrey
clock 13 March 2018 • 1 min read