The team at BestAdvice are taking their annual holiday next week, 22-26 August, during what is typically the quietest week of the year for intermediaries.

The website will not be updated during that period and there will be no news email briefings.

Normal service will be resumed on Tuesday 30 August after the bank holiday.

In the meantime, please enjoy our letter of the week:

Dear Mr Rose,

Why do Best Advice have to be doom and gloom merchants ?    Surely your raison d’etre is to inform people regarding current news on mortgages etc or am I missing something ?    I was not aware it is to crawl to the lowest depths of gutter journalism with ridiculous polls on what people think about the chances of a recession. That is the sort of bs we expect from Mark Carney, George Osborn’s [sic] puppet who has done his utmost to talk down the UK and our economy. Is it any wonder that affects peoples [sic] outlook ?  

According to Mark Carney he was intimating a rate cut well before the EU vote. You remember him ? The same person who was telling us about a rate increase when unemployment reached a certain trigger point, then when it did, changed his mind. So much is spouted by numerous people in their highly paid jobs but they do not have a clue what they are doing regarding the economy. The IMF has admitted that it failed regarding Greece and how many other mistakes has it made ? For Christ sake please desist from the negativity and try doing something positive and worthwhile for a change. A tall order I know but at least can you make an effort ?  

See you after the break!