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Brown should have got better advice before proceeding

The Prime Minister’s mortgage rescue plans constitute the most ridiculous proposals ever.

Did the government take advice before making its decisions? If so, from whom? How are these proposals going to help the housing market? I’m lost for words.

Susan Tague

By email

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Rule change

Mole was intrigued to learn that even the Queen is feeling the effect of plummeting property prices.

Good times rolled

2007’s lending figures hit £364bn, a record for the industry, but that was before the credit crunch overwhelmed the mortgage industry, says Richard Griffiths

Government could guarantee mortgage-backed securities

Chancellor Alistair Darling is believed to be planning a multibillion pound kick-start to the UK housing market, which would see the government temporarily guaranteeing high quality mortgage-backed securities.

High notes

The Mortgage Strategy crew were taken out by Nigel Stockton, managing director of HBOS Intermediaries, and Nigel Payne, managing director of BM Solutions, for a night of karaoke last week.

US: mid-year review and outlook

By Felix Wintle, Manager of the Neptune US Opportunities Fund H1 2014 Economic data: after last year’s strength, economic data has disappointed. Indeed, the economy contracted 2.9 per cent in the first three months of the year — the US economy’s worst performance for five years. However, rather than a symptom of underlying economic weakness or […]

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