Both Which Mortgage Advisers and Which? Insurance Advisers are in consultation over possible closures by mid-July and with much regret from parts of the intermediary market, Tesco Bank will also stop mortgage lending shortly after struggling to make the margins work.
Review the rest of the week’s heavy-hitting stories with us and enjoy the bank holiday.
Which? mortgage and insurance advisers face closure by mid-July
House prices dip in London as Wales hits record high in May – Rightmove
Property firms pay £300k in compensation – including £25k by one estate agent
FCA’s advice changes in danger of leaving consumers ‘seriously exposed’ – JLM
Tesco Bank exits mortgage market: what customers need to know
‘Highest level of choice’ for consumers will include execution-only, says mortgage broker MAB
‘It’s clear comparison sites are looking to enter the product transfer market’ – Marketwatch
Mortgages in the Middle East: Lenders will negotiate on rate and criteria – Schutrups
