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Talkback

Do you think that Abbey National can mount a significant challenge to HBOS&#39s dominant position in the mortgage market?

“I don&#39t think they would succeed in becoming number one – they have a lot of problems which they are resolving slowly and their image has been affected by this.”

Michael Freedman, Bruce & Partners

“They are going to struggle, to be honest. HBOS is so far in front.”

Clive Stainton, Reid & Co

“I agree with that. I think that anyone that can offer a greater product range has got to be a benefit.”

Paul Lambert, The Mortgage Shop

“It would be healthy to see Abbey National challenge HBOS&#39s market share for the sake of competition. But whether they have completely got their act together enough to do it, I don&#39t know.”

Brian Wright, Brian Wright Financial Services

“Yes. It is possible that it could happen but it is up to the management.”

Prem Duggal, Singh Financial Services

“No, not unless they reinvent themselves and become more cutting-edge. I see them as a lender which just follows the crowd.”

Geoff Hartley, Vale Insurance Services

“No. It has got to sort out its admin first and you cannot get hold of anyone. We tend to steer away from them both anyway.”

Jeff Hopkins, Jeff Hopkins

“No. I do not deal much with Abbey but I do with HBOS because it has better service and sharper delivery.”

Man Lau, MFL Financial Management

Yes 25%

No 63%

not sure 12%

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