The fallout from the credit crunch means it is now more important than ever to shop around to find the best
A fundamental change has taken place in the banking sector because of the problems lenders have experienced over the last two years.
Following a succession of takeovers and mergers, the
Ian Gordon, an analyst for Exane BNP Paribas, told the Daily Mail lenders had been able to increase their profit margins on
“Consumers are facing a permanent state of lower competition and higher prices,” Mr Gordon warned.
Borrowers are now likely to find that lenders are charging higher arrangement and exit fees.
These fees mean that people buying a home or trying to