Comment on Borrower beware - good borrowers stuck with bad rates by uk home mortgages
Hello from a uk mortgage broker. I’m amazed that’s allowed. Recently in the UK a broker had to pay compensation to a client who had requested the “lowest possible rate” - and that was on a prime deal. The rate wasn’t that much different either. We also have an overall policy called “treating customers fairly”. Anyone “mis-sold” can complain,and pursue compensation, without cost. Your laws seem wide open for customer abuse from a uk viewpoint Tony
June 27 2006, 11:02pm | Original Link »
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