Letters

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

Star Letter

Latest base rate cut could be fatal blow for embattled brokers

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. ?

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MPC rate move is bad news for remortgages

The Monetary Policy Committee decision to slash rates heralds a major constriction of the remortgage market for brokers.

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Banks must return to traditional ways of making money

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.

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Rationale for the banking system is under threat

Banks have forgotten how to lend money based on old-fashioned criteria.

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The economy has taken centre stage once again

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.

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