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Star Letter Extra 25/07/14

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  • 25/07/2014
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Star Letter Extra 25/07/14
Each Friday, Mortgage Solutions takes a look back at the most opinionated or thoughtful reader comments on the website and through letters to the editor.

Scottish Help to Buy scheme runs out of cash

The SNP budgeted this for the financial year 14/15. I calculate that there are 12 months in a financial year and not 3. Not exactly accurate budgeting and reinforces the underlying fear that the SNP has not truly thought out the implications of trying to fund so many things without Westminster hand-outs. Having spent the £140m in three months they have actually allocated less for the year 2015/16.

Call me stupid but if £140m lasts three months then £100m is surely going to last less. Look out for the HTB bun fight next year and get ready for those tax rises Scotland, which will surely come with independence.

Pointed

Broker firm defends lewd image in marketing campaign

Running articles like this does nothing but bring both an incredibly valuable industry and company into disrepute, as a mortgage publication that is supposed to be promoting this industry – this is shameful.

This company in particular does more than ANY other to promote the best practices of the sector.

Anon

Broker firm defends lewd image in marketing campaign

I would absolutely NOT place any business with a company using lewd images of either gender. As women make up a large proportion of buyers and tend to be the property decision maker, a healthy dose of respect is in order.

I recently spoke to a professional man who said ‘women are seen as either a goal, or they are invisible’, yes I repeat this was a professional man. I’m really not clear how this sort of advertising does anything to respect the enormous contribution women make to the everyday lives and business outcomes of… well quite frankly you.

And, with so much in the media recently about the consequences of dreadful, and in my opinion, unfathomable attitudes to women around the world, I really think a more respectful tone is the only responsible direction…

Professional woman

Santander amends Help to Buy, affordability and interest-only policy

I honestly don’t see the point in restricting part interest-only loans to age 65, which is the less than the official state retirement age…

Good Mortgage Man

Brokers divided over Nationwide’s affordability restrictions

It’s another example of lenders exceeding the base requirements. How long will it take before the BOE and the MPC recognise that providers will exceed what they determine as being ‘of very little impact’.

The housing market in the SE needs to be isolated and not a UK wide set of measure which do not take account of the very large regional variations.

Mic2002

Thank you for your comments this week

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