Why paying brokers is still the most efficient route to market

During a discussion in the office this week, one of our members of staff (not involved in the mortgage department) observed that it was a shame we had to pay fees to brokers for introducing business and "how much better it would be if we had it all direct". It was an understandable comment; we would keep more fee income and we would have a new customer to whom we could cross-sell other Saffron services. But at what cost? Frankly, it would be huge. Today's consumer is driven by the perceptions of truth generated by the internet, hence the huge success of comparison sites. Yet, we...