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    Collapse of pound - UK now looking very affordable!

    I should point out that when we were in the UK the banks would not lend us money ( or anyone for that matter ) if the property was not + geared . They don't understand -ve gearing and don't get a tax break from it either ( to be honest I don't understand -ve gearing either - it still cost you -...
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    Collapse of pound - UK now looking very affordable!

    Yes its all very interesting we sold our place in London 4- 5 years ago and its still worth the same amt that we sold it for. It took 13 years for it to reach that value after the last recession in the 90's it stayed at around 100 000 pounds for nearly 10 years - the market was so flat for so...
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