This page contains a Flash digital edition of a book.
The Outlaw


The Good, the Bad, the D


espite the wholly over-hyped quarterly growth fi gures Janu- ary heralded plenty of good news, albeit mostly in the buy-to-let world. Commendations go to Abbey, Paragon, Clydesdale, Woolwich, Plat- form (great low fees) and Aldermore for their progressive approaches. TMW and BM Solutions take note. Mainstream offerings were less dy- namic and you don’t need an over-busy SWAPS graphic to illustrate pricing trends. It’s clear that Virgin is “up for it” and Leeds Building Society has im- pressed. Maybe with the diamond ju- bilee and the Olympics effectively ren-


“Mainstream offerings were less dynamic and you don’t need an over- busy SWAPS graphic to illustrate pricing trends. It’s clear that Virgin is up for it”


dering 2012 an 11 month year, lenders may want to get ahead of their targets and The Outlaw is hopeful that Easter will reveal some of the most attractive prime products in over four years. In separate spheres, The Outlaw had his day made by Meryl Streep’s fi ne


Photo © Alex Bailey 50% tax: Do as I do


acting and the incumbent Tory PM impressed by defending the 50% tax bracket . Classic “Do as I do” stuff from the PM.


T


he worst of the bad news this month is owned by the bank that we all own. By virtue of which, RBS should at least have oper- ated a competent business on behalf of the nation. Its shocking behaviour on complaints handling led to its fourth FSA fi ne in two years taking the total to nearly £17m. That might have saved 20 BDMs their jobs. Disgraceful. Staying with RBS, The Outlaw also has Scottish National Party Leader Alex Salmond now on his Wanted List. The connection? Well, this is the statesman who wrote to ex-RBS chief exec Fred Goodwin on the eve of the


The good, the bad the boring & the vulgar


24 MORTGAGE INTRODUCER FEBRUARY 2012 Photo © SNP


Wanted: Misplaced support for RBS & Independence


ABN AMRO deal offering him encour- agement and help! And The Outlaw implores all Scottish readers think- ing of voting for independence to be careful for what they might wish for... Incidentally, is that oil found near the Falklands English or British? Discuss. Back to the MMR, within which the FSA said: “We should see a channel re-distribution in favour of direct lend- ers” as opposed to “could”. A clumsy inference.


In wider life tasteless oversight came


from Diane Abbott, John Terry and Luis Suarez (great idea those t-shirts, Kenny!) but in some startling triumphs of desperation over good judgement joint fi rst place this month went to the captain of the Costa Concordia and Arsene Wenger. Both need help from Specsavers it would seem.


Read “The Wanted List” of our new monthly columnist The Outlaw who d


If you have something that you’d like The Outlaw to out, email: outlaw@mortgageintroducer.com


www.mortgageintroducer.com


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52