View more on these topics

Burgess’ double standards were breathtaking to me

From Andrew Weir

I hope I’m not alone in my feelings on this subject but I feel compelled to a recent article (Mortgage Strategy December 18) in which the double standards displayed by Simon Burgess were breathtaking.

On one hand he talks about spending 750,000 on his home as his most expensive ever purchase, and somewhere close to this on a convertible Bentley as a second car for his wife which is all fine, but then goes on to decry the “devastating greed” shown by some in our industry.

He also laments over how upset he becomes when “ordinary people” can’t afford a proper Christmas celebration due to their personal circumstances but how on Christmas Day, after dealing with the claims of 11 of his clients who have just been made redundant, he and his family all go swimming in the sea and round the day off relaxing with a drink of champagne.

Surely Burgess was putting forward these views with his tongue firmly in his cheek.

If not, then maybe it’s just as well that your extremely informative magazine is reserved mostly for trade eyes, and is not for the perusal of his “ordinary” clients whose policies have provided him with the means to enjoy a standard of living which they can apparently only dream about.

Andrew Weir
Sole trader
Strathlachlan
Argyll

Recommended

Abbey for Intermediaries launches desktop alert service

Abbey for Intermediaries is today launching an instant desktop alert service. The free service delivers news and product alerts direct to broker PC desktops. It can be downloaded from the Abbey for Intermediaries website. A spokesman for Abbey says desktop alerts are easy to install and brokers can choose the updates they want. The service […]

Landlords predict rising portfolios in 2007

Four in 10 of all landlords believe that the value of their portfolio will increase in 2007, says Paragon Mortgages. A recent survey of landlords by Paragon found that a further half believed their portfolio value would remain stable, while less than one in 12 believed their portfolio value would decrease. Despite Novembers interest rate […]

Amber unveils fixed deals

Amber Homeloans has launched a range of three-year fixed rate products. The deals are at 5.99% full status and 6.09% self-cert, and are available for borrowers with up to £15,000 worth of County Court judgments against them.

AMI concerned by FSA mortgage advice findings

&CThe Association of Mortgage Intermediaries says it’s concerned by the Financial Services Authority’s findings on the quality of intermediaries’ mortgage advice.While the FSA gave larger networks and brokerages a thumbs up, describing them as having “robust” processes in place, smaller firms were found to have work to do to improve their advice and record keeping […]

Newsletter

News and expert analysis straight to your inbox

Sign up