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“It would only work on the assumption that clients are well informed but I don&#39t think they are. Nine times out of 10, even the reasons-why letter goes over their head.” Dennis Taylor, Dennis Taylor Financial Services

“No. The majority of consumers know nothing about mortgages and there are a lot of products on the market. They need guidance.” Frank Wampamba, Frank Wampamba

“Yes. Consumers will always want to make savings so they will be attracted to the rebate.”David Woodward, David James Financial Services

“No. It stinks of buying business. In 20 years, I have never had a client come to me knowing what mortgage they want from which lender. They always ask.” Bob Riach, Riach Independent Financial Advisers

“No. Anyone willing to go direct always will and those who go to an IFA want them to sort it all out and take the responsibility. I&#39m amazed how many people do not know there is a proc fee until it is explained.” Tony Dring, Dring Financial Services

“No. I can&#39t see it being attractive but then I have withdrawn from the mortgage market as I didn&#39t see how you made money from it.” Les Cleator, Ichthus Financial Solutions

“I don&#39t think there would be any appetite. In my experience, people all want to have face-to-face advice.”Joseph Kelly, MPLI First Financial

“People still want to have their hand held through a mortgage. I think they want the advice and don&#39t want to fork out for it but are prepared to if it gets them what they want.”Kevitt de la Pole, Kevitt de la Pole

yes 13%

no 87%

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