Financial Planner on SKY

[spoornet]

How wonderful to hear common sense spoken in the media at last. Gordon Brown was a useless Chancellor and unsurprisingly he is shaping up to being rather lacklustre in his current role. Labour will be removed at the next election but sadly an amount of social and financial damage has been done that will take many years to repair. As far a houses go, all markets self correct, a few pumps of hot air from the government will not stop this bubble deflating.

[howeroad]

dear o dear o dear I smell fear.

I take that 0tedmaul0 is mortgaged up to the eye balls on a very very over priced house. The banks have now gone back to normal lending not what they have been doing for the last 6 years or so. A good deposit and risks taken into account again. Good luck TEDMAUL you will be needing it.

[0TedMaul0]

Why is this doom-monger allowed on TV? He's scaring potential buyers out of the housing market. The banks need to start lending decent amounts of money to first time buyers again and prices will go back up. For the good of the country house prices HAVE to go up!

[midgely01]

I concur!

[aquinn97]

All spot on. The only thing that will help first time buyers is a collapse in prices. Buying now is financial suicide.

[trin08201]

Good on you sir. I know you have been talking sense for a long time. A couple of years too late - but fair play to Sky News. Are you on Breakfast soon? Somehow I doubt it.

[roblor]

Nicely put - We like straight talking. Not something GB knows much about.

[gwildar]

Wow!