Financial Times FT.com

Featherbedding the owner-occupier

Published: December 5 2008 02:00 | Last updated: December 5 2008 02:00

From Mr Yugo Kovach.

Sir, Mr and Mrs Bellemaison gambled on the property market (“Brown throws homeowners a mortgage lifeline”, December 4). Mr Bellemaison loses his job and has to accept a lower-paid one. The state steps in and subsidises their interest payments.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this