The RICS recently suggested that the New Governor of the Bank of England should exert pressure on the Banks to safe guard against a future Housing Bubble. This has been reported extensively in the press and media but we believe the correct interpretation is that the Banks need to exercise good lending practises to individuals which the Governor should ensure is strictly adhered to but it should not be interpreted as a further obstacle to put in the way of the Banks already tight lending policies for new development and housing.