Homeloan Partnership’s Chris Tanner has warned that the FSA is looking to ban ‘fast track’ mortgages – and the industry is letting it happen.

Tanner, the network’s managing director, believes that the argument over the wider strategic outcome of the MMR is blinding the industry to smaller but vitally important issues, such as the potential loss of fast track.

He argues fast track is a “worthwhile facility”” designed primarily to speed up processing which benefits the customer and the lender and also reduces administration costs as well.