Absolutely! I am surprised that there is currently not more competition amongst mortgage providers for these lower risk products. these mortgages would be a target sector for any bank and the lack of target marketing and attractive rates for such clients does promote the suspicion of cartel type agreements amongst the providers where no bank is prepared to risk a price war where all could lose out!!
Competition is what its all about here and given the new CB regulations I am surprised that there is no Bank prepared to be a first mover on this!!!
However given that the current impasse benefits all banks it may well need a new entrant in order to promote some competitive activity!!