How low can you go?
Bank of England yesterday slashed base rate to 0.1 % the lowest ever – good news for floating-rate borrowers, new borrowers and attracting angel funding. Do not be impatient, opportunities will occur to increase your assets – as taught, concentrate on your cash-flow, work with tenants and lenders alike. Following the 1929 stock-market crash more people went bust in the next seven years than in the immediate aftermath of the event. Stay calm, communicate and concentrate on the numbers.
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