Saturday 21 October 2017

Raising the roof

What a strange, convoluted country we have become. I refer to the latest bit of silliness called the "mortgage-to-rent" scheme.

Apparently this involves a property being handed over to a private housing association, with a write-down on the mortgage, which in turn will rent the property to the original owner who has now fallen victim to our fiscal collapse.

But why was the struggling owner not offered the write-down and allowed to carry on under new, affordable terms?

Please sign in or register with for free access to Opinions.

Sign In

Don't Miss