The Broker Times

Tranche 2 Readiness

The 2026 Roadmap for Mortgage Brokers

What Changes in 2026?

100k+ New Reporting Entities Agents, Lawyers, Conveyancers
July 1 2026 Deadline Full Compliance Required

Critical Timeline

Now - Dec 2025

Preparation Gap

The window of highest risk. Audit your referral partners now. Are they aware of what is coming?

1
31 March 2026

Structure Change

Reporting Groups Formed

"Designated Business Groups" end. You must designate a 'Lead Entity' with full liability.

2
1 July 2026

Gatekeepers Go Live

Real Estate Agents & Lawyers become reporting entities. Risk: Settlement delays due to multiple ID checks.

The "15-Day Rule" Trap

Agents can delay verifying identity until 15 days after contract exchange.

Result: If the check fails on Day 14, your finance clause expires and the deal collapses.

Your Strategy: Be The Hub

Broker Runs KYC Day 1
Shares Data
Agent Relies on Broker

Section 38 Reliance

Formalize agreements to let Agents rely on your ID checks. Saves them admin, saves your deal speed.

Readiness Checklist