HC Deb 14 January 2003 vol 397 c512W
Sir Sydney Chapman

To ask the Chancellor of the Exchequer if he will introduce measures to abolish the switching fees which some home insurance companies charge consumers when they arrange home insurance with someone other than their mortgage providers. [90216]

Ruth Kelly

The Government is giving the Financial Services Authority (FSA) responsibility for regulating mortgage business. I understand that the FSA will shortly be consulting on the basis that fees charged for switching insurances taken out as a condition of the mortgage, such as buildings insurance, are disclosed up front.

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