Brokers say B2L should be regulated

More than half of all brokers believe buy-to-let mortgages should be regulated, while 88% are not expecting to change their regulatory status in the next year according to Mortgage Strategy’s latest online poll.

The findings are part of a wide-ranging survey into the specialist lending sector which also looked at which specialist markets brokers think will grow over the coming year and which lenders brokers do the majority of their self-cert business with.

The news that so many brokers are happy to stick with their existing regulatory arrangements flies in the face of market speculation that directly authorised brokers are increasingly looking to move acrossto networks in a bid to secure regulatory cover. Morethan 2600 brokers took part in the online survey, which has now closed. The full results will be published in a specialist lending supplement sponsored by BM Solutions, due out on September 26.