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|High-street lenders should stop dealing direct with consumers, says Morris|
|Thursday, 17 September 2015|
Those high-street lenders currently offering direct to consumer mortgage propositions should cease, according to Roger Morris of Precise Mortgages, who was taking part in a panel debate at today’s Financial Services Expo (FSE) London in Old Billingsgate,
“All high-street lenders should pull out of dealing with the customer direct and that money should be put into dealing with the intermediary market,” said Morris. “I also believe that procuration fees should be a minimum of 0.6%, in fact they should actually be more than this.”
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