The regulator must look more closely at lenders, not brokers
I recently asked an employed chef for payslips and a P60 only to be told his employer provides neither.
He went along to his local Halifax branch and - surprise, surprise - it told him this was not a problem. We brokers don’t lend and supply everything lenders request so why make us responsible for income verification?
The regulator should scrutinise lenders more closely and stop picking on us little guys.
If you enjoyed this article, sign up here to receive daily email updates from Mortgage Strategy and Follow @mortgagestrat









