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Show me the exit, borrowers demand

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Australian Broker | 03 Feb 2011, 05:30 AM Agree 0
A third of mortgage holders would consider switching lenders if exit fees are relaxed, according to PRDnationwide
  • Martin Anstee PCL Money | 03 Feb 2011, 11:55 AM Agree 0
    We offered a no exit fee (with some conditons)competive loan in 2004 and it made zero difference to uptake. There was a real cost to us but certainly back then it was not something that people were attracted to despite the commentary at the time.
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