Brokers fear new business gap

Other fears include: retaining existing clients, marketing their businesses more effectively and diversifying into non-mortgage markets. When it comes to regulation, the biggest concern cited by over a third of brokers (36.5%) is the potential increase in costs. One in five said their main concern was a potential rise in paperwork, with 14.4% worried about the increase in time they will need to sell mortgages in the future. A tenth felt they did not understand what the potential new regulation will mean for their business although 18.3% were confident any new regulation would have ...