Story by: Emma Ann Hughes, Mortgage Adviser
HBoS has told Mortgage Adviser it intends to retain its 20 per cent share of the mortgage market after Abbey and HSBC revealed they had scooped up a quarter of all UK business in the last few weeks.
The Office of Fair Trading (OFT) wants to talk to finance brokers about irresponsible lending rather than impose prescriptive rules, according to Philip Collins.
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The FSA is practically invisible when it comes to mystery shopping and the best defence from the watchdog's wrath is simply good record keeping, says Edward Murray
Following the battle of dual pricing, the latest fight seems to be for mortgage market share and that is a scrap clearly being fought out against mortgage advisers in many HSBC branches.
The future of exclusive intermediary mortgage deals looks grim with many mortgage lenders contacted by Mortgage Adviser revealing no immediate plans to bring such offerings back.
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A new level of trust and consumer confidence should be delivered by the Retail Distribution Review, ...