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GLG News by Mortgage Professionals (UK)

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September 18, 2008
Out of the Frying pan... HBoS is both opportunity and burden for LTSB?
Analysis of: Lloyds and HBOS in merger talks | uk.news.yahoo.com
Author: GLG Expert Contributor
Capital and liquidity scarcity in the combined bank will force the total franchsie to shrink with further implications on the UK housing market in particular as Lloyds manages down its inhereted property exposures. With growth constrained, the prize for LLoyds will be two fold - realising cost...
August 14, 2008
Self destruction in housing market?
Analysis of: Mortgage lending falls 32% as prices slump | business.timesonline.co.uk
Author: GLG Expert Contributor
Reporst like this are factual no doubt, however this cycle of price falls and lending falls by banks will continue in my opinion until confidence returns.

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