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Simon Baggott is right. it was the best idea.
Similarly solicitors were expected not to act for both parties to a transaction because of a conflict of interest. Then lenders took over the world and required solicitors to act for them free of charge when also acting for the borrower whose interests were of no importance. Now the same lenders dictate which solicitors the borrower may use as well, but restricting "panel membership" to very few. Not only that the solicitors appointed have to pay a fee for licking the boots of the lender. The situation is against the consumers interests, against the professionalism of the consumer's solicitor and against all reason except for the profitability of the very institutions which brought about the financial crash. What does this all tell you?