dothesums blog

What are we to make of the so called ‘credit crunch’ and investing in buy-to-let properties? Loans and mortgages are more difficult to obtain with fewer than one third of those available at the same time last year. When you do find the right loan, it is likely to be more expensive, with both higher interest rates and larger arrangement fees. more »

I watched an otherwise excellent BBC2 programme last evening on the generation of wealth in the City and the operation of hedge funds. The term ‘leverage’ was used many, many times and was not described very well. Leverage is possibly the number on… more »