Although dual pricing is still an issue, Darren Cook, spokesperson for Moneyfacts, said brokers are starting to compete evenly on price.

He said: “Mortgage brokers have probably felt one of the biggest impacts of the banking crisis and they have also had to deal with an added frustration of dual pricing.
Brokers always have and always will form an integral part of a healthy mortgage market, so we hope that dual pricing fades away soon and we return to a level playing field as quickly as possible.”