Liberal Democrats in Business

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Bank Lending Continues To Fuel House Price Bubble - Cable

6.29.24pm UTC (GMT +0000) Wed 28th Jan 2004

Commenting on this morning's British Banker's Association figures showing mortgage lending up 26% on the year in December, Vince Cable MP, Liberal Democrat Shadow Chancellor, said: "Bank lending is fuelling an unsustainable house price bubble."

"If the housing market crashes it will be home owners who are left to pick up the pieces."

"It is time for the Government to take action to protect ordinary homeowners against irresponsible lending."

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[Previous news story]: Fraud Office Investigation Will Give New Hope To Equitable Life Losers - Cable (Fri 23rd Jan 2004).
[Next news story]: Homeowners Need Protection Against House-Price Boom and Bust - Cable (Thu 29th Jan 2004).

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[House Price Inflation Should Be Incorporated Into CPI - Cable]

Tue 1st Nov 2005:

[Increase In Repossessions Show Housing Bubble Is Close To Bursting - Cable]

Wed 8th Sep 2004:

[Fuel Poverty Beckons In Light Of Price Rises]

Thu 17th Jun 2004:

[Brown Still Failing To Tackle Precarious House Price Bubble]

Mon 14th Jun 2004:

[ODPM House Prices: Brown Must Tackle Reckless Lending - Cable]

Wed 12th May 2004:

[Brown Must Act On House Price Boom]

Tue 4th May 2004:

[Reckless Lending Fuelling House Price Boom - Cable]

Mon 19th Apr 2004:

[Irresponsible Lending Fuelling House Price Bubble Says Cable]

Mon 1st Mar 2004:

[Soaring Lending Fuelling Unsustainable Housing Bubble - Cable]

Thu 26th Feb 2004:

[HOUSE PRICE HIGH CALLS FOR CAUTIOUS MEASURES - CABLE]

Wed 4th Feb 2004:

[House Price Hike Will Hit First Time Buyers]

Thu 29th Jan 2004:

[Homeowners Need Protection Against House-Price Boom and Bust - Cable]

Thu 29th May 2003:

[Housing Market Bubble In Danger Of Bursting For Third Time In A Generation - Cable]

Tue 4th Mar 2003:

[Britain Needs To Earn A Living Before House Bubble Bursts]

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