If the above was my home (which it is not), I could be forced to provide detailed information about the amount of money I spend on alcohol and tobacco when I have to remortgage.
According to the Times spending on shoes, clothes and childcare could also be assessed under a new, industry-wide "affordability test". Self-certification mortgages are also at risk of being banned (yes that word again), making it more impossible for those who are self-employed to own their own home. It's never been easy for the self-employed with their irregular incomes to acquire mortgages and they've usually had to pay a higher rate of interest, but now that dreadfully incompetent government agency, the FSA has decided lenders need to be far more rigorous about their financial checks of potential borrowers.
We all know the 'toxic debt' in which banks became involved wasn't all UK based debt - the majority of it was banks buying it from the US thinking they would make a killing, plus the greed of lending to those who very obviously would not be able to keep up payments.
There is a far more serious issue here though. This intrusion on our lives just has to be stopped. How much longer are we going to permit this government to pry into our very private affairs?
This won't stop with mortgage applications, believe me. It will filter down to any applications to government departments. I can see the day when, if you want to start a business and require a loan, your lifestyle will be probed by these faceless suits and one of them will hold your future in their hands. They won't stop at just alcohol and tobacco either. That's just the beginning of this latest social engineering policy.
Why are we just giving away our rights to this degree? Surely there are politicians who will stand up and speak for our freedoms? There will be those who say if you live a good lifestyle you have nothing to worry about - that's not the point. The point is that my life is mine - it doesn't belong to anyone else and how I choose to live it is my decision. There used to be sensible punishments for irresponsibility but no longer.
For the past 25 years or so various governments have broken up our society which used to have moral values and trust. Is it any wonder trust no longer exists in today's society?
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