Each week, we also 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:
Hasty intervention could damage consumer confidence – BSA
As someone who was working in the building society industry in 1979 and still working in the mortgage industry, Paul’s observations are spot on. Too much speculation about what might happen from regulators and others will generate over-reaction.
A steady as she goes approach [to moving interest rates up] is what is needed, especially until the housing stock both for purchase and rental increases.
Bill Warren