You are here: Home - News -

Regulation prompts exit plans

  • 16/07/2002
  • 0
There has been a significant increase in the number of advisers considering selling their businesses...

There has been a significant increase in the number of advisers considering selling their businesses as a result of impending mortgage regulation, according to Acquisitions, Mergers and Sales Ltd (AMAS).

Phil Calvert, spokesperson of AMAS, said: ‘There are IFAs who have a sizeable mortgage business and do a substantial amount of mortgage broking who are considering selling up. The reasons for wanting this span across the board. Brokers are concerned about the future under regulation ‘ they feel they have done their time or are considering retiring.’

AMAS said the impending regulatory constraints appear to be putting pressure on brokers who feel they do not have the time to generate new client leads.

‘People are now thinking about regulation, but running a mortgage brokerage is hard work, and the overwhelming majority of people we speak to are reactive rather than proactive,’ said Calvert.

The findings from AMAS, which helps IFAs and brokers to undertake acquisitions, mergers and sales, also indicate that market consolidation is likely.

Calvert added: ‘It is interesting to see there is no shortage of buyers out there, and we are conscious that many firms have a strategy of growth through acquisition.’


There are 0 Comment(s)

You may also be interested in

Business Skills

In this section, we offer short ‘how to’ guides on harder to crack areas of business. From social media, to regulation or niche product areas, we cover it all.


Our journalists interview key industry entrepreneurs, strategists and commentators for day-to-day market insight and a strategic view of where the industry is heading. We offer lessons for success and explore the opportunities for your business

Success in Practice

Here, we share case studies fleshing out best practice to help you decide what could work for your business. Take a look at how others approached complex tasks like launching a new mortgage lender, advising on a new product area or deciding to specialise in another. Learn from others mistakes and triumphs.


Each week, we ask top mortgage and property commentators with a unique perspective to examine a key news headline, market move or regulatory or political issue.


Vote in our weekly poll here. It’s your chance to tell us what you think and be heard on the top news stories of the week. Review our archive to find out what your industry really thinks and all our coverage of the results.

Top Comments

Be part of the conversation on Mortgage Solutions. We want to hear from you. We have a tool called Disqus to tell us which stories get the most comments each week. Every Friday, the team picks the most thoughtful or opinionated contributions from our readers to enjoy again. Don’t forget to share your favourite stories from the site on social media to keep the conversation going.
  • RT @robjupp: Great day yesterday for donations to @MortSleepOut. With Gift Aid, we are now close to £17,000. It would be great to get to £2…

Read previous post:
C&G lets Ombudsman dual policy ruling lie

Cheltenham & Gloucester (C&G) has decided not to challenge the ruling by the Financial Ombudsman tha...