TSB to launch intermediary channel in 2014 – analysis
Just think of the money that would have been saved (and made) if LTSB would have left C&G as it was – before they made it ‘LTSB Lite’. Lloyds cleared out all of the expertise from C&G and replaced them with LTSB ‘specialists’.
Stuart Gregory
Maybe Paul Pester should look a bit closer at his bank and check out the expertise he has remaining from what was once an excellent intermediary lender – C&G
Harry Porter
TSB brand relaunches into the banking sector
Another marketing ploy by the banking fraternity. If they really loved serving people, there is other more constructive community ‘Bank of Dave’ stuff they could do. What they really love is profit. Nothing wrong with that per se in our present monetised system, and well done for trying if it’s genuine.
But there needs to be a paradigm shift in central-banking-type thinking if banks and money are to serve the people, rather than vice versa.
Gerry
Do landlords have a clue about interest-only? – BDRC
I fail to see how this is a good thing. If 72% of interest only landlords are planning to sell, would that not have a downwards effect on prices?
Couple that with the risk of negative equity and potential rising interest rates, and it may lead to many landlords struggling to make a “nice capital gain”.
I am not sure that you can conclude that landlords have given “significant thought to meeting their obligations.” Although that does depend on whether belief that house prices can only rise counts as “significant thought.”
On the other hand, if interest rates stay low for the next 13 years, the Funding for Lending Scheme continues indefinitely, rents remain high, the population continues to grow and Help to Buy part two comes into effect and remains, landlords may have nothing to worry about.
Suhan Srinivasan
Brits more loyal to mortgage provider than partner
Is it because you get screwed more often by your mortgage provider?
Martyn E
