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Mortgage brokers fear failed business relationships post regulation

Mortgage brokers are seriously concerned about the stability of future business relationships post regulation, according to research conducted by the organisers of the Mortgage Business Expo in Manchester.

Researchers discovered that brokers are concerned by the lack of networks to have been passed by the FSA and by the prospect of a failed relationship. If a network collapses once they have joined it they could be faced with the prospect of two years frozen commission and being out of work for three months.

Organisers Clarion Events is holding its third London Mortgage Business Expo in November.

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