(June 25, 2016 at 10:56 am)abaris Wrote:(June 25, 2016 at 10:20 am)Allanon Wrote: What if 52% (wtf?) wanted to move mortgages to a different bank so they could reduce costs / T&C's?
As things stand now, you actually made mortgages more expensive. Going by the pound's value. Lowest value since 1985. I wouldn't be overly bothered by that, if the international stock markets hadn't take a huge hit yesterday and haven't recovered as of yet. Which kind of concerns all of us.
Which was to be expected, without being an economics guru. So, Rob's example of blowing up the house isn't that far fetched.
Hardly the point I was making and I think you know that...
The pound losing value isn't necessarily a bad thing (according to economics guru's) as it will mean it will help exports.
