The Balance of Payments is a weighing scale that always balances; it has to. It's about payments of money to the UK and from it. Payments going out are import costs and payments coming in are export receipts. For example, I'm buying a new car, a Mitsubishi which is imported from Japan, so 20 grand will head it's…
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6 Insights on the State of the Mortgage Market – Autumn 2019
Lender Competition If you’re in the lending business, margins are tight, thinnest they’ve been for years. There are two reasons. Competition on the supply side of mortgages is rife. Far too many specialist lenders are procuring their products to brokers, couple this with the myriad of start-ups offering faceless, app-based mortgage applications, you have a top-heavy…
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