Brokers feel good about mortgage regulation - survey

clock

A roadshow questionnaire put to mortgage brokers in September suggests most are happy with new regulations, says Intelligent Finance.

With a survey sample of about 1,000 answers, IF says 61% were positive to the pending changes – which have since gone through on M-Day. However, more than a quarter of brokers in the North (28%) and Midlands (26%) said they believed regulation would make no difference to their businesses. On a nationwide basis, just 13% of brokers believed the changes would have a negative impact. Regulation took top spot as the biggest problem facing the mortgage broking business, followed by the search for new business and cash flow. At the time the research was conducted, some 30% of brokers...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on uncategorised

Scotland Investment Roadshow 2024: Last chance to join PA in Edinburgh and Glasgow

Scotland Investment Roadshow 2024: Last chance to join PA in Edinburgh and Glasgow

The Scotland Investment Roadshow kicks off next week

Professional Adviser
clock 18 September 2024 • 2 min read

Building Society-owned Newcastle Financial Advisers acquires Openwork firm

First of a number of acquisitions

Hannah Godfrey
clock 09 December 2019 • 1 min read

Bond managers fear hedges being undermined as liquidity dries up

The recent sell off in the bond market and growing liquidity issues have forced bond investors to use similar hedging techniques, undermining their effectiveness and causing concerns about how much downside protection funds really have.

Anna Fedorova
clock 03 July 2013 •