Back on air at the BBC on BBC 4’s Today programme
- new mortgage rules are a good defence
- London and South East growth is “exceptional”
- gap between BOE bank rate and mortgage rates likely to be higher than in the past as a legacy of the financial crisis
Nothing new here but ofc if housing price growth slows there is less urgency to hike rates, and the last comment – if proved correct-should make lenders a little more prudent