Switching Mortgage Networks: A Complete Guide for Mortgage Brokers | Switching mortgage networks is more common than many advisers realise. As your business grows, your needs change. The support, systems, fees, or culture that initially suited you may no longer align with your long-term plans. This guide explains why brokers switch mortgage networks, the signs that it is time to move, and how to choose a network that supports real business growth.
Whether you are an experienced adviser seeking better commission splits or a new broker looking for stronger support, understanding your options is the first step in making the right decision.
Why Brokers Switch Mortgage Networks
Mortgage advisers across the UK switch networks every year. Reasons vary, but most relate to support quality, commercial benefits, compliance pressure or a desire for specialist lending opportunities.
The table below summarises the top reasons brokers switch, based on adviser feedback, FCA reports, lender panel changes and industry insight.
Top Reasons Mortgage Brokers Switch Networks
| Reason | Explanation | Industry Insight |
|---|---|---|
| Better commission splits | Brokers want to keep more of their income as their case levels increase. | Many networks offer tiered commission, but some advisers outgrow their initial structure. |
| Access to more lenders | Limited lender panels can restrict a broker’s ability to place specialist or complex cases. | Specialist lending areas like bridging and commercial finance require wider lender access. |
| Stronger compliance support | Some networks are heavy-handed or slow with file checks, causing delays. | FCA findings show advice quality varies across networks, which brokers feel directly. |
| Improved technology and CRM | Outdated systems slow down case management and client communication. | Modern networks invest heavily in digital tools to reduce admin and speed up processing. |
| Better training and development | New advisers often join networks that offer structured support and mentoring. | Many networks now offer academies or onboarding pathways with real business coaching. |
| More high-quality leads | Brokers switch when they feel unsupported with client generation. | Lead supply is a major driver of adviser retention according to industry surveys. |
| Easier compliance process | Complex or unclear processes frustrate advisers and slow business growth. | Many brokers move to networks with faster compliance sign-off times. |
| Cultural alignment | Poor communication or lack of support can push advisers away. | Adviser well-being and culture are now major factors in network selection. |
| Specialist lending opportunities | Some networks do not support bridging, commercial or semi-commercial lending. | Brokers increasingly want access to a wider range of property finance solutions. |
| Lower fees and better value | Ongoing fees can seem high if the network fails to deliver strong support. | Fee structures vary widely, resulting in significant differences in adviser profitability. |
Signs It Might Be Time to Switch Networks
If you recognise any of the following, it might be worth reviewing alternative networks.
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Your compliance sign-off is slow and affects client deadlines
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You cannot access the lenders needed for your clients
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You are no longer receiving the support you expected at the start
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Technology limits your productivity
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Commission splits are no longer competitive for your case volume
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You feel the network does not specialise in the types of cases you want to write
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You want to grow your business, but lack the tools or mentorship
What to Look for When Choosing a New Mortgage Network
Choosing a network should be based on more than commission alone. Important factors to evaluate include:
1. Lender Panel Coverage
Check whether the network supports your niche, such as bridging, commercial, self-employed clients or adverse credit.
2. Compliance Support
Good compliance is protective, not restrictive. Ensure the network provides clear guidance, constructive feedback and quick turnaround times.
3. Technology and CRM Systems
A modern CRM, sourcing tools and digital onboarding reduce admin and allow advisers to manage more clients with less friction.
4. Branding and Marketing Support
Many brokers switch to networks that offer help with websites, branding, lead generation and marketing campaigns.
5. Training and Professional Development
For new advisers or those wanting to scale, structured development is essential. Programmes that include CPD, mentoring and support with complex cases add long-term value.
6. Cost and Value Comparison
Look beyond monthly fees. Compare what you receive in return, including compliance, technology, marketing and business support.
The Process of Switching Mortgage Networks
Switching networks is easier than many brokers expect. While each network has its own onboarding process, most follow these steps:
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Initial conversation with the recruitment team
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Application form and background checks
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Disclosure of previous compliance findings if required
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Review of technology, fees and lender panel
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Notice given to the existing network
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FCA registration updated
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Training and onboarding with your new network
Common Myths About Switching Networks
“Switching takes too long”
Most brokers complete the transition in a matter of weeks.
“I will lose my clients”
Clients remain yours. The network provides the permissions, not the relationship.
“It will affect my pipeline”
Good networks help ensure a smooth transition and allow pending cases to be completed where possible.
“A new network will be the same as my old one”
Network models vary significantly. Support, technology, culture and lender access differ widely.
How Connect Helps Brokers Who Want to Switch
If you are exploring a change, Connect Mortgage Network supports advisers through the entire switching process. Advisers join us for reasons such as:
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Access to residential, buy-to-let, bridging and commercial lenders
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A dedicated compliance team with practical support
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Modern technology and CRM systems
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Strong training pathways for new and experienced advisers
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Business development and marketing support
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An optional academy for new brokers
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Access to specialist finance solutions is often unavailable elsewhere
- Enrolled on our Mortgage Advisor Directory site.
Ready to Explore Switching Networks
If you feel you may have outgrown your current network or want stronger support, we can help.
- Book a Discovery Call
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Join the Connect Network – link below
Choose the option that suits you and start building your future with a network that supports advisers at every stage.
Thank you for reading our publication “Switching Mortgage Networks | Guide for Mortgage Brokers” Stay “Connect“-ed for more updates soon!