andrewducker: (Default)
andrewducker ([personal profile] andrewducker) wrote2012-02-29 11:00 am

Interesting Links for 29-02-2012

[identity profile] danieldwilliam.livejournal.com 2012-02-29 04:30 pm (UTC)(link)
This is true - plenty of time for everyone to adjust and I think you're right, most will.

I wonder aloud tho - if I were selling a house, with a mortgage in sterling if I'd want to be paid in sterling and not take a currency risk on the transaction. Maybe.

[identity profile] a-pawson.livejournal.com 2012-02-29 04:37 pm (UTC)(link)
Absolutely, there will be some currency risk which someone will have to bear. It will almost certainly fall onto the borrower - the banks are not daft enough to let it fall the other way around.