Best quote of the last couple of weeks is definitely from Matthew Wyles chairman of the Council of Mortgage Lenders. He said the Financial Services Authority sees mortgage lenders and mortgage intermediaries as the drug-dealers at the “school gates” of the mortgage market.

He muses, “Regulators see lenders and intermediaries as the sweetshop owners – or worse, the drug-dealers at the school gates of the mortgage market, enticing innocent consumers in and then getting them hooked, for their own evil profit-driven purposes.”

I just wanted to assure you that in no way, shape or form do I see myself as a sweetshop owner.