Which? plans closure of mortgage and protection advice business

Period of consultation

Adam Saville
clock • 1 min read

'Due to a combination of continuing UK economic uncertainty and a stagnant housing market'

Consumer choice brand Which? is proposing to close its mortgage and protection advice arms. "We can confirm that we have announced proposals to review the future of Which? Financial Services and are sadly proposing to close Which? Mortgage Advisers and Which? Insurance Advisers," a Which? spokesperson told COVER. The mortgage arm of Which?, which started in November 2010, currently employs 53 advisers. According to Which?, the mortgage and insurance advice branches are "no longer sustainable in their current form". "Like every business we need to adapt to changing market conditi...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Adviser / Broking

Rosemount appoints Contractor Financial as AR

Rosemount appoints Contractor Financial as AR

Advice for contractors and the self-employed

Jaskeet Briah
clock 19 April 2024 • 1 min read
The side of the desk

The side of the desk

Protection and mortgages

Cameron Roberts
clock 18 April 2024 • 5 min read
Got to get: reframing in protection

Got to get: reframing in protection

Protection not just a tick box

Richard Kateley
clock 12 April 2024 • 5 min read