It's clients who pay when brokers avoid dual pricing lenders
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With regard to comments by many brokers that they avoid lenders that dual price, how do they manage to do any business?
This rules out Santander, Cheltenham & Gloucester, Halifax. You also can’t use Co-operative Bank, First Direct, HSBC and Britannia because they don’t deal with brokers.
So how are they placing business? Clients are probably paying higher rates because they are ignoring dual pricers. Anyway, I think Nationwide is one of the lesser culprits in this argument.
E BROWN
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