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Mortgage Mutterings: The week that was 28 Feb – 04 March 2011

by: Mortgage Solutions
  • 04/03/2011
  • 0
This is the Mortgage Solutions weekly talk back page, where we pick the best online comments and letters to the editor on the big stories of the week to give you a flavour of what the industry is really thinking.

You can take another look at the week’s news and we’ll round up the most thought-provoking or unmissable comments posted after stories or letters sent straight through to the editor.

Comment any time on the Mortgage Solutions website and you could feature in next week’s Mortgage Mutterings.

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FSA salaries soar 22% in five years
Mortgage Solutions | 03 Mar 2011 | 10:57
IFAonline

The majority of people in the UK are facing a pay freeze or a pay cut, but not the FSA or the banks. If pay for both of the aforementioned was performance related I would expect them both to take a huge pay cut.

Captain IFA
03 Mar 2011 | 12:11

Quarter use equity release to help family
Mortgage Solutions | 03 Mar 2011 | 09:59
Simret Samra

In the Eastern world it is ordinarily the case that families pass money up and down the generations, treating themselves as a facilitator to many things. Research like this is hopefully an indication that here in Britain we are beginning to realise that wealth untapped and unused when most crucially needed, is actually a waste of an asset.

Simon Chalk
03 Mar 2011 | 10:36

Connells and Skipton offer 95% exclusive
Mortgage Solutions | 02 Mar 2011 | 12:33
Vicky Hartley

I’m a firm believer in buying and never renting. Paying £800 pcm rent is money down the drain and you never own anything. At least on a repayment deal, you build up equity. Most buyers are also taking a long term view to home ownership so this is a good way to get new buyers onto the property ladder. Good for Skipton and lets hope they roll it out to brokers soon.

Avenue & Co Private Finance
02 Mar 2011 | 13:22

MMR: Time to go back to the beginning?
Mortgage Solutions | 02 Mar 2011 | 14:56
Mortgage Solutions

MMR. Nobody asked for it. Nobody wanted it and nobody has benefited. It has caused uncertainty for advisers, lenders and customers. How can we be expected to plan the future course out of recession for our businesses? It is just pathetic.

David
02 Mar 2011 | 16:55

Housing’s united front has vanished
Mortgage Solutions | 01 Mar 2011 | 15:17
Stephen Smith of L&G

The point that politicians seem to miss is that working together generates confidence and it’s that confidence that the experts say is still missing. Let’s hope that the industry can do more together to make real progress happen now.

Bill Warren
02 Mar 2011 | 10:49

ECJ bans gender underwriting for protection
Mortgage Solutions | 01 Mar 2011 | 09:45
Cover

Why doesn’t our government stand up for the UK? Gender pricing is fair and has proved to be so over the years.

Terry
01 Mar 2011 | 10:10

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Have a great weekend.

The Mortgage Solutions team

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