The proportion of mortgages sold via brokers has fallen since the credit crunch began as lenders make many of top deals available to those who apply direct to a bank or building society.
Anyone approaching retirement who wants to turn their pension pot into a regular income has been urged to do their research or risk throwing away thousands of pounds.
Banks and building societies are cutting their savings rates as they focus on attracting new mortgage customers, a financial information group claimed today.
Improvements in the mortgage market stalled during the second half of June as lenders remained cautious about the state of the economy, research indicated today.
Lenders have increased rates on small loans by two-and-a-half fold since the credit crunch took hold despite interest rates dropping to their lowest-ever level in that time, research by MoneySavingExpert.com reveals.