View more on these topics

Weir’s letter about my ethics was sanctimonious garbage

From Simon Burgess

Andrew Weir’s letter ‘Burgess’ double standards were breathtaking to me’ (Mortgage Strategy January 8) is the most sanctimonious pile of garbage I have ever read.

How I spend my money is my business. It is earned fairly and ethically from a business where efficient and well paid staff work hard to provide market-leading facilities to clients at a fraction of the cost of competitors. We generate a substantial income but not to the detriment of others.

When one raises one’s head above the parapet one expects to attract criticism but my motivation is sound and my ethics are intact. There are no double standards at my firm.

I await an apology but I am not holding my breath.

Simon Burgess
Managing director
By email


PACKAGING SUMMIT 2007: Eight out of 10 providers not threatened by DIY lenders

DIY lenders, created by packagers, hold no fear for 80% of established lenders, according to a poll cast at this year’s Mortgage Strategy Packager’s Summit in Nice.When asked whether they were considering forming a lender, seven out of 10 intermediaries admitted to thinking about such a venture, but eight out of 10 established lenders didn’t […]

Lending 5 x salary is far too conservative for Barclays

From Simon CollisI was amused to see that Barclays’ CEO John Varley is not interested in lending 5 x salary (Mortgage Strategy January 15). That must be because it’s far too conservative for Barclays. If you ring Barclays for a pre-approved mortgage limit figure on behalf of a client, nine times out of 10 it’s […]

Pitt leaving Kensington

Brian Pitt has confirmed he is leaving Kensington Group and that the business will be now focussing on its core activities.Both Pitt and Stuart Aitken joined the Group in August to investigate key strategic opportunities presented by the specialist lending sector.This sparked speculation that Kensington was looking at entering the commercial mortgages arena, something it […]

Anti-HIP campaigners petition Blair’s website

Campaigners against the introduction of Home Information Packs have hit Prime Minister Tony Blair with a 2,500 strong petition as they look to derail the nationwide introduction of HIPs in June.


Case study: administration — implementing a management log

Our client is a leading video game and publishing company best known for its console role-playing game franchises. The client provides a number of benefits, at varying levels and cost that attract a P11d liability. With the absence of a management log to track data for benefit movements, enormous administrative and therefore cost implications were occurring each year just to comply with P11d reporting requirements.


News and expert analysis straight to your inbox

Sign up