Did you get the best possible deal with your mortgage? If you sought professional advice, then your mortgage broker will have shopped around on your behalf, getting the cheapest rate based on your requirements and financial circumstances. But the mortgage market isn’t necessarily working well for everyone. That’s the conclusion of an interim report from the Financial Conduct Authority (FCA), who found that competition is working well for many, but could work better for some. Within the report, the regulator identified some different ways the mortgage market could work better for some people.
Making the mortgage market work for you
This 743 word blog post looks at the Financial Conduct Authority’s interim report (published 4th May 2018) into competition within the mortgage market, making the case for working with an independent mortgage broker.