Mortgage dual-pricing disappearing - AMI

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The number of brokers unable to assist clients because lenders are offering better deals direct is decreasing, according to the Association of Mortgage Intermediaries (AMI).

The Association's latest mortgage intermediary barometer suggests a third (33%) now feel they are unable to offer their clients the best deal, down from half (48%) six months ago. The results are a welcome boost to the sector and follow a recent broker survey by CherryFind suggesting "significant" numbers of consumers were losing out by opting to go direct rather than seeking impartial advice from professional advisers. AMI director general Chris Cummings says it is "extremely positive" brokers again have access to the best products, and predicts the downward trend will continue. "It ...

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