Buyers’ resistance to soaring prices cools property market
Amazing! No one actually thought that there might come a time when buyers would say “no, that property’s just not worth the price!”
Quite frankly I’m shocked that some sort of common sense could prevail, and that people won’t just keep accepting never ending property price rises! Must have been the Lloyds capping of large loan in London that did it!
The Cynical Broker
Post Office reveals dual pricing strategy
Ridiculous! Either be in the intermediary market, or don’t! Make your mind up. They will NEVER get a single case from me whilst they dual price…
Good Mortgage Man
Post Office reveals dual pricing strategy
Why is this still even allowed, why should a customer be penalised for their ‘choice’ of using an independent broker rather than go direct by being forced to pay a higher rate? And why is this still deemed treating customers fairly?
I should be able to access the same rate with the same provide whether I choose to visit them directly or seek independent advise, this is actively encouraging customers not to seek advice by the lure of a lower monthly mortgage payment, wrong wrong wrong!
Even after the MMR this is allowed, I just don’t get it!
Anon
Post Office reveals dual pricing strategy
The problem with voicing concerns re dual pricing – however valid the argument might be – is that you then have to accept it works both ways.
Which would mean the intermediary sector not having access to any exclusive products from any lender that are not available directly. You can’t argue against dual pricing in favour of direct and then expect lenders to deliver intermediary exclusives!
Mortgage Bloke
Reduce affordability checks for remortgage customers – Stockton
Just spent 2 hours being advised on what product I can have from the Co-op for a straight forward rate swap.
Only to be told that this cannot take place until I send them three years’ trading accounts, three months’ payslips for my husband and three months’ bank statements on all our current accounts and only then if we meet the affordability criteria can we switch – but in the next breath was told even if we do not meet affordability criteria can swap rates but as look as they have all the above documents.
What is the point of sending in all these documents then!!! What we are asking for will save us money each month anyway. What a waste of every one’s time.
Co-op borrower
Thank you for your comments this week
