Letters: Separate currency will harm loan repayments

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Have your say

As someone with a substantial mortgage, I have a serious concern in the event that there is a ‘Yes’ vote in the forthcoming independence referendum.

I have written to both the Yes and the No campaigns about this, but, despite promises on both websites have not had the courtesy of a reply.

If there is a ‘Yes’ vote and, as appears likely given unequivocal statements by the leaders of all major parties at Westminster, there is no currency union with the remainder of the UK, I wonder what protection there will be for those with mortgages or personal or business loans.

It seems very unlikely that any lending institution would be willing to accept repayment in anything other than the currency lent, namely Pounds Sterling. If whatever currency an independent Scotland wound up with, whether it be the Euro or some other new currency, fell in value against the Pound Sterling, borrowers, who will then presumably be earning in Scotland’s new currency, but having to make repayments to their lenders in Pounds Sterling, could be in very serious trouble indeed. And that ignores any problems arising from any drop in property values.

I have not heard this issue being debated in either parliament or in the media at all during the campaign so far. It is surely an issue of great importance to a large section of the population of Scotland, which must be addressed, and on which the two sides of the campaign must make their respective positions clear

In particular, the ‘Yes’ campaign must explain to the very large number of voters affected by this issue, what protection it will put in place for them.

Linda J Pender, Pier Road, Rhu

Life in England can be good for Scots too

I am a Scot. I was born and bred in Edinburgh, attended the Royal High School for 13 years and upon completion of my schooling sought to study art and design at one of Scotland’s art schools. Sadly for me and pivotal in my future, I was declined by both Edinburgh and Aberdeen.

Thankfully the colleges in England were aplenty and Birmingham saw something in me, offering me a place for a foundation year followed by an offer by St Martin’s School of Art.

England gave me an opportunity that I grasped and resulted in a career full of wonderful experiences.

Scotland is still ‘my country’ and I regularly come ‘home’ to visit countless friends.

I find it galling that we, the 800,000 who live a little further south on this small island, have no say in our mother country’s future.

This is made more painful by a recent offer put to me to have my vote cast by an English student who has a vote by qualifying as owning a flat purchased by his parents for him to complete his education in Scotland.

The student has no interest in Scotland’s future and is quite happy to place a vote either way simply for the price of a pint!

I’m grateful that this diverse wee island offered me a world of choices - wherever I chose to live. I hope that Scottish future generations continue to enjoy the privileges that a culturally diverse UK has to offer.

If in future I come home to an independent Scotland, it will be a tough decision, but I think I will probably choose to travel with a British passport as a reflection of the life they have given me over the years.

Think hard Scotland!

Peter Dobie, Farnham, Surrey

Boys Brigade can look towards bright future

Over the past 18 months The Boys’ Brigade has opened 53 new Companies, with over 1200 new members and 550 adult volunteers taking its UK membership to over 65,000.

To enable us to do this and offer young people the best possible start in life, we rely on external investment through a range of funding streams including the Government’s Uniformed Youth Social Action Fund, which this week announced that The Boys’ Brigade is to receive over £840,000.

This investment is most welcome and will enable us to continue to reach out to and support more young people, particularly in deprived areas or hard to reach communities. We estimate that the funding, to be distributed through the Youth United Foundation, will create 1,695 additional places for young people in The Boys’ Brigade over the next 18 months, where they can access a range of opportunities to develop relevant life skills and take part in fun and challenging activities.

Investing in our young people is vital in providing them with the best opportunity for a better future.

Bill Stevenson, Director, Scotland, The Boys’ Brigade, Larbert

NHS is in safe hands inside United Kinhdom

I’m puzzled by the separatists’ complaints about the NHS. We Scots are lucky, Scotland gets 10% more funding per person than the rest of the UK. The Scottish NHS has been totally devolved for years and is run autonomously. However, Scots can rely on the expertise, facilities and research in the rest of the UK. If we need medical attention south of the border, we can go.

The separatists are very negative about privatisation south of the border. What is wrong with some privatisation? The SNP have already spent £500 million sub-contracting NHS services to private companies. If we can get some services done by private companies that are better, cheaper and/or more efficient than the NHS, I’m all for it.

I’m voting to stay in the union where I am sure the NHS will be much better than if we separated from the rest of the UK.

Patricia Baillie Strong, Regent Terrace, Edinburgh