HBS lets brokers try sourcing system for free

The system is designed to allow brokers to source intermediary and direct-to-lender mortgages by using product information from Defaqto. In recent months, dual-pricing of mortgages has raised the costs of products available to intermediaries, making it difficult to recommend good mortgages to clients. HBS says some lenders have tried to play down the dual-pricing problem, and claims the cheapest direct-to-lender products can save borrowers between £900 and £1200 over a two-year period compared to the cheapest intermediary products. HBS says its system allows brokers to source full produc...