Imprisonment without trial – the UK’s mortgage “affordability” scandal?

     There is a tribe of some 150thousand home owners who are held as ‘mortgage prisoners’ by their lenders’ eye-wateringly high interest rates – locked-into standard variable rate (SVR) of around 5% from a time when Bank Rate even went as low as 0.25%. [and with standard mortgage rates soaring way above the UK […]

UK house-building FIASCO

George Osborne’s latest budget includes some changes on house buying schemes and pumps £mult-millions of taxpayers’ money into the market – what will be the effect of all this then? Well for a start the wealthy will see this as a god sent opportunity to increase their wealth! Offering government help to buy expensive property […]