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Response to PLEASE write to your MP.

from Tony Hayter (Tony@Hayter.com)
I agree with Jacky. I too have evidence which I believe confirms a general view that lenders are not concerned about individual MP's views on their actions. When it comes to Parliament itself taking an interest, then it's quite a different matter. In my view any threat of legislation being imposed on the lenders and their agents is perceived by them as a threat to that which they truly truly care about - profit! In my opinion one only has to look at the wording of their Mortage Code Statement of Practice regarding repossession to understand the extremely loose self-regulation they enjoy at present. Try counting the instances of the use of *Usually*,*May* and other "Flexible" words in that document to get a real idea of self- regulation in practice.

I do feel that writing to MPs is extremely important to publicise the truth within Parliament of the Repossessed Properties Sales Scandal. The lenders, in my experience, continue to pretend it doesn't exist, so I have just sent additional evidence of how this scandal works ( and even how it is promoted overseas as a good means of investment) to "friendly" MPs and journalists. As the Halifax's CEO once stated in the press; "If things aren't right, say so." So taking his advice, I will continue to say just that, to all who will listen!

Regards,

(posted 8549 days ago)

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