[back2HK]

Originally Posted by Ginnser

Hi Freeier

amongst other bit i read this

http://www.moneyweek.com/file/18591/...-mortgage.html

I have been thinking of it for some time

I understand the RBS allows currency swaps throughout the year

Thoughts?

It is quite easy to get carried away by the "carry trade"..

Lets say you save 2.5% per annum (or even a lot more by borrowing in Yen) on interest - but you could easily lose 2.5% of capital in a week. I am not saying that funding a sterling asset in CHF or Yen is necessarily a bad idea. But, as Freeier said - you should have a full grip about all the implications, rather than be swayed by an article.