Lenders could pay us fees as they do to get online business
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The 90% of deals that Moneysupermarket.com states are only available direct from lenders are presumably included on its site.
If this is the case I assume it receives a fee from the lenders concerned when clients are introduced to it via the site.
Why should lenders not allow brokers to introduce these cases to them for a nominal fee - say, the same as Moneysupermarket.com?
At least then they could have confidence that their customers are receiving FSA-approved advice rather than none at all.
John Toogood
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