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The Turkeys That Voted for Christmas

The Financial Services Authority! In their recommendations to “improve” the mortgage market say they want the future circumstances of applicants to be assessed – that’s all their employees stuffed then because we know they are being abolished in 2012.  What about MP’s they are all unemployed in less than 5 years so no mortgages for them either.

Of course if the FSA employees or MP’s fail to disclose their future career blips on their mortgage application forms they will be committing mortgage fraud and be black listed by lender.

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Think carefully before securing other debts against your home. Consolidating debts into one loan may cost more in the long term. Your home may be repossessed if you do not keep up payments on your mortgage. Secured loans are not regulated by the Financial Services Authority.