Lender fees complicate brokers' jobs

Paterson, Kevin
April 2007
Mortgage Strategy;4/2/2007, p66
Trade Publication
The author reflects on the development in the mortgage industry in Great Britain. He asserts that the increasing charges of lenders on certain deals destroys the market and perplexes the job of brokers. He presents as a case in point the deal he came across with Northern Rock PLC which charges 3.5% fee on the back of 3.99% two-year fixed rate deal.


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