Most mortgage intermediaries have decided whether to stay independent or become part of a network when mortgage regulation comes into effect in October, reveals Birmingham Midshires.
Latest results from BM's quarterly research index suggest 96% of all mortgage brokers have made a decision on mortgage regulation.
BM says 49% of intermediaries plans to become directly authorised by the FSA, while some 38% say the want to become appointed representatives (ARs).
Just 4% are still unsure of what they should be doing - a small number compared with the 10.5% saying they were not sure three months ago.
Alan Clearly, head of sales at BM Solutions, says it is "reassuring to see that so many intermediaries have made plans for regulation".IFAonline
Achievements, charity work and other happy snippets
Laughable excuses for persisting
Spent 56 years at Schroders
Warns on profits