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CML finds 90 per cent of mortgage borrowers trust lender

09 December 2004
90 per cent of mortgage borrowers have been found to trust their lenders, according to the Council of Mortgage Lenders.

"A huge majority of recent borrowers believe their lender treats them openly, honestly and fairly," said Council of Mortgage Lenders head of external affairs Sue Anderson.

"But we cannot be complacent about the findings - while the industry is broadly seen as responsible, there is a rump of consumers who perceive at least some lending as irresponsible."

The survey of also discovered that 73 per cent of recent borrowers thought it was important to shop around for mortgages.

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