View more on these topics

This government is venal and inept but the choice is poor

From Harry Katz

In view of the contents of his letter – all of which are valid – I’m amazed that Jim Gillespie was so polite (Mortgage Strategy August 7). Not only has Gordon Brown messed up pensions and final salary plans but unlike the rest of us, his government has also brazenly repudiated the Ombudsman’s findings. Does this mean we are now free to do the same?

As far as the new energy inspectors are concerned, who is going to be daft enough to sign up for a course? Is this not going to be more nonsense like stakeholder pensions – acres of text and loads of wasted time, the result being that few people take any notice?

It’s beyond me why the energy report can’t be incorporated into the standard valuation by surveyors. Perhaps that would be too easy.

But the depressing truth is that as venal and inept as this lot are, just look at the choice on offer. It’s rather like asking if you would prefer a dose of gonorrhea or syphilis.

Harry Katz
Norwest Consultants
By email

Recommended

In which country would you buy a holiday home and why?

Halifax Estate Agency says the number of holiday homes could double in the next five years. It also says the UK is the most popular country in which to have holiday homes. Almost 28% of Brits have their second properties in this country, with Spain being the second most popular location.

So this week Mortgage Strategy asks…

Shut up about interest-only ‘problem’

If you talk an issue up enough it can eventually become a problem and that’s what I fear is going to happen to interest-only mortgages. For at least three years I’ve heard people describing them as a mis-selling scandal waiting to happen.

First-time buyers expect parental assistance

First-time buyers take it for granted that they will get parental assistance in order to get onto the property ladder, reveals research from Abbey. Not only do many first-time buyers live at home for a considerable time in order to save money, but parents are expected to give generously from their savings to help out […]

Newsletter

News and expert analysis straight to your inbox

Sign up