Mortgage News
Star Letter 06/04/12
Each week Mortgage Solutions picks the best reader contribution from our article comments and letters to the editor.
Each week we round-up the best comments, emails and letters to the site and pick one reader contribution as our Star Letter. This week’s award goes to:
Interest-only caps will trap mortgage borrowers
I didn’t like it but I always understood why the FSA stated that dual pricing wasn’t a TCF issue but a commercial decision for the bank concerned.
In my opinion the recent interest-only changes have gone too far, too quick and it makes me wonder what role TCF has to play other than trying to encourage brokers to settle complaints before they get to the Ombudsman.
For all the fuss made about TCF it seems to have achieved very little.
Episode 2: Affordability : Powered by Partnership podcast from Newcastle for Intermediaries
Sponsored by Newcastle for Intermediaries
Kevin Fowler
04 Apr 2012 | 10:36
You can see more of this week’s best reader comments by clicking HERE.