Each week, we also round-up the best comments, emails and lettersto the site and pick one reader contribution as our Star Letter. This week’s award goes to:
Ask the Experts: Will MMR cause mass application declines?
It might not be the FCA’s intention for there to be more applications declined, but almost certainly, there will be. One point missed in this article is the number of potential applicants who will be put off applying.
As usual the cretins of Canary Wharf ignore the fact that many hardworking potential homeowners who would make sacrifices in order to buy their first home will be barred from doing so because the overpaid and out of touch regulators deem it unsafe for them to be trusted to deal with their finances.
Meanwhile, rents will increase and the short term financial hardships that those of us of a certain age went through for our first houses will no longer be allowed. Pathetic isn’t it?
Dave H
