Adviser petitions Downing Street on dual-pricing


Clive Norman, an independent mortgage adviser at Sovereign Financial Planning in Eastbourne, is calling for the industry to support a petition posted on the No 10 Downing Street website demanding the Government intervenes to outlaw dual-pricing.

A total of 1,624 people have already signed up to the petition, which is representative of strong industry feeling about the dual-pricing issue. The situation appears to be worsening with the number of mortgage products available through intermediaries falling from 2,610 in June to 2,202 in July, according to sourcing system TrigoldCrystal. Information explaining the reasons behind the petition reads: “Mortgage lenders - a prime example being where tax payers money has been injected - creating unfair price discrimination and product availability for intermediaries, resulting in le...

To continue reading this article...

Join Professional Adviser

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
 Be the first to hear about our events and awards programmes.



Already a Professional Adviser member?


More on Networks/Clubs

FCA to review advice and mortgage panel deals in new market study

Regulator has concerns about competition in sector

Carmen Reichman
clock 16 May 2016 • 2 min read

Mortgage Advice Bureau takes £350k stake in conveyancing business Sort

Listed mortgage adviser network the Mortgage Advice Bureau has bought a 23% stake in online conveyancing firm Sort to enhance its distribution channels.

Carmen Reichman
clock 11 December 2015 •

Financial services firms team with property surveyors

Two financial services firms have teamed up with property surveyors to fuel their growth strategies and benefit from new revenue streams in the UK housing market.

Carmen Reichman
clock 05 January 2015 •