Brokers say compliance costs are biggest threat

A whopping 62% of brokers this week say the cost of compliance is the biggest threat to their business.

Just 38% of Mortgage Strategy Online readers polled say it is not, showing the toll mounting compliance costs are taking on mortgage firms.

This week MS asks: “For the good of the industry, should Mortgage Express have named and shamed the adviser found to have been advising brokers how to mis-sell self-cert?”