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April 08: Cuts to broker commissions likely, says survey

by Staff Reporter7 minute read

Wide-scale reductions to broker commissions could be on the cards according to the results of a recent Mortgage Business straw poll, but aggregator groups remain defiant.

Of the 74 per cent of respondents that believe commissions will fall, 21 per cent anticipate cuts within the next six months while 36 per cent expect them within 12 months. The remaining 17 per cent predict cuts within a few years.

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