Whatever you may think of him he was certainly given a ‘hospital pass’ when he succeeded Tony. I wonder who is running the country at the moment. I would really like to see parliament looking at the laws they are passing, the fact that they seem to struggle with expenses forms is a bit worrying too.

For example, there are regulations afoot for the Sale and Rent Back market. This is where a struggling home-owner can avoid losing the family home by selling to a landlord before being re-possessed. In many ways it’s a great service, unfortunately some have abused the vulnerable. Regulation may well be required, but it seems that the FSA are dumping the mortgage rules onto this sector and that individual property investors are going to be ‘providers’ which is like comparing them with ‘lenders’ and that pure advisers or brokers  in this market (of which there appear to be none) have been give a regime akin to that applicable to mortgage brokers. This is crazy, the providers who are treating customers fairly are more likely to be individuals than firms and yet it is probably only firms doing this who will be able to afford the regulatory onslaught. It just seems very ill thought through to me. No surprise when the rule makers have so much else on their minds eh?

I also think the dangerous dog law is flawed. As the RSPCA vet so admirably put it: the problem is at the other end of the lead!

Anyone else have a problems with any other recent legislation?