welcomes readers' letters intended for publication. Letters should be sent to: The Editor, Mortgage Strategy, 50 Poland Street, London W1F 7AX. Letters can also be faxed on 020 7943 8090 or sent by email to mortgage.strategy@centaur.co.uk
I am not sure whether this is a suicide note or a letter commenting on the Bank of England's 1.5% base rate cut. ?
The Monetary Policy Committee decision to slash rates heralds a major constriction of the remortgage market for brokers.
With interest rates falling many consumers are hoping that this will be reflected in the cost of their mortgages, but I'm not sure this is likely or indeed in their long-term interests.
Banks have forgotten how to lend money based on old-fashioned criteria.
Prime Minister Gordon Brown has hinted at tax cuts following the Bank of England's decision to cut interest rates to their lowest level since 1953.