TMM - News

Bank targets criticised

Friday 29th of March 2019

The peer-to-peer lender has called out banks for enforcing targets for mortgage brokers, putting pressure on advisers to place certain levels of business or face losing their accreditation. It believes the targets are not in the best interest of customers.

Terry Butler (pictured), acting CEO at Southern Cross, said: "Mortgage advisers’ commissions are not the problem and shou...

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