Well, presumably they're subject to regulation that comes either directly or indirectly (i.e. quangos given a remit and some framework and direction) from the state? That's all I meant, I know the mortgage itself isn't issued by the state, that's a foreign idea to me too.
Well, presumably they're subject to regulation that comes either directly or indirectly (i.e. quangos given a remit and some framework and direction) from the state? That's all I meant, I know the mortgage itself isn't issued by the state, that's a foreign idea to me too.