<table> <tbody><tr> <td> <table> <tbody><tr> </tr> <tr> <td> <table> <tbody><tr> <td> <table> <tbody><tr> <td><strong>Bank chief Carney warns on housing market</strong> <p> </p> <p>Bank of England governor Mark Carney has given his clearest indication yet that he considers the housing market to be the main danger to UK economic recovery.</p> <p>In an interview due to be aired on Sunday morning (May 18) on Sky's Murnaghan show and reported by the BBC, he will say that the housing market has the potential to threaten long term recovery and that the Bank is closely watching rising house prices.</p> <p>He will add that that the main problem is the shortage of homes and that the Bank has no solution to that.</p> <p>Instead the Bank will focus on ensuring that banks have enough capital to withstand the risks of lending, checking lending procedures to ensure mortgages are given only to those who can afford them.</p> <p> </p> <p><strong>For all the latest housebuilding news and events visit <a href="http://www.house-builder.co.uk/">www.house-builder.co.uk</a></strong></p> </td> </tr> </tbody></table> </td> </tr> </tbody></table> </td> </tr> </tbody></table> </td></tr> </tbody></table> <p> </p>