Can society afford the rental boom?

James, may I congratulate on three excellent initiatives. I have been advocating a reduction and participation in the BTL market over the last three years by writing to the Prime Minister, communities and housing minister as well as the Treasury with little or no success.

I would also like to raise extra taxation revenue from landlords by restricting the amount of loan interest they can offset against their rental income in order to create a “level playing field” with FTBs. It would however reduce house prices particularly in the South East where I live and so it is not popular with government.

Colin Cloy

National Audit Office launches investigation into FCA and PRA

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£2.5m paid to help broker clients benefit from greener homes

Sponsored by Halifax Intermediaries

So one quango will look at another quango which will report to another quango which will report to government, before government feeds back to the original quango via the other quangos.

A merry go-round of officialdom and bureaucracy and jobs for the boys. If the FSA is anything to go by (along with all the other regulators in the UK) then it will all get worse whilst all getting more expensive.

Bill Wells

Countrywide: adviser cull after unfulfilled lender promises stifled mortgage results

So we were forced to “right-size”………………? More corporate waffle!

HW

Don’t leave clients in an interest-rate trap – John Heron

It’s not just BTLs. Many mortgage brokers choose two-year deals so that they can churn the mortgage and earn fees over and over again!

Why are clients so stupid not to realise the folly of paying high fees and costs every couple of years?

Bill Wells