It’s a strange world – the world of writing for a newspaper or journal. First there’s your youthful enthusiasm for ‘the truth’, then there’s your editor banging on the table – or more likely your PC – demanding more column inches – NOW! So what’s a poor hack to do? Well of course we...
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Hot on the heels of comments from the FSA yesterday about irresponsible lending by investment banks and brokers to risky customers with poor credit records – we now hear from the Financial Times that a number of specialist mortgage lenders are to introduce instant mortgage approvals over the telephone or online without even requiring...
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Of course we all live or die by our headlines in this business, but surely we should expect the Financial Times of London to have a more consistant view point on the economy and markets, especially within the same day, and especially by the same author. We’ve been known to sway a little ourselves...
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Looking at the headlines today you’d think we were on for a renewed spurt in house prices and spending in the UK after the British Bankers Association (BBA) released it’s latest figures for May. Read the actual report and you’ll see something totally different, consumer spending and debt is getting out of hand again....
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Ask any estate agent (realtor) in London how the housing market is going and you’ll probably be spun some statistic that shows how the market in your particular area is defying gravity and soaring ahead, with plenty more growth potential. The problem with buying a house today, whether its London, San Francisco or Sydney...
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