Mortgages  

Halifax's broker fee cap policy ‘unfair restraint on trade’

In response, a spokesperson for Lloyds Banking Group said: “As part of our consumer duty commitments, we have analysed customer fees within the mortgage chain and introduced a policy that outlines the maximum brokers can charge for providing our products.

“We believe they strike the correct balance under the fair value assessment.”

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tom.dunstan@ft.com

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