So now the government wants to talk to the mortgage industry about green mortgages - that should be an interesting conversation.
I suspect - and I could be wrong – the conversation will go something like this: Yvette Cooper: “We’d like you to provide fiscal incentives to borrowers who take steps to make their homes more energy efficient.” Mortgage Industry: “I’m sorry could you repeat that? We don’t think we heard you correctly.” Cooper: “We’d like you to provide fiscal incentives to borrowers….” Mortgage Industry: “Oh we did hear you correctly.” Cooper: “Yes.” Mortgage Industry: “No.” Cooper: “No?” Mortgage Industry: “Yes” Cooper: “Oh…….any particular reason?” Mortgage Industry: “Yes” Cooper: “What...
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