In Focus: Addressing the loyalty tax

With 12 interest rate rises since May 2022, and more potentially on the horizon, many borrowers are looking at how they can save money and meet their mortgage repayments. One strategy is refinancing to a new lender, particularly as new borrowers typically receive better offers and lower rates than existing borrowers. But shouldn't loyalty be rewarded, rather than penalised? In this episode, partnered by Mortgage Choice, we catch up with CEO Anthony Waldron and Athena Home Loans CEO and co-founder Nathan Walsh to discuss: The size of the 'loyalty tax' challenge How brokers and technology are helping shape new mortgage solutions What the new 'Mortgage Choice Freedom, powered by Athena' product suite entails. And much more! *Mortgage Choice was ranked the number one brokerage in The Adviser Top 25 Brokerages ranking 2023.