The Financial Conduct Authority (FCA) has published its Mortgages Market study to try and make the mortgage market more competitive proposing league tables to be published for mortgage brokers.
The FCA plans to build a comparison tool allowing consumers to compare mortgage brokers in league tables that could include things such as:
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Any tool that allows a consumer to compare the strengths and weaknesses of each mortgage broker must help the consumer and indeed will make the mortgage market more competitive.