Get The Free Brochure

To receive your copy of the Direct vs Network brochure, please complete the short form below with your name and email address, then tick the consent box and click Submit.

Once submitted, you will be able to access the brochure and learn more about the different routes to FCA authorisation for mortgage firms.

Learn about becoming directly authorised or joining a mortgage network

Deciding whether to become directly authorised or join a mortgage network is one of the most important choices a mortgage adviser or broker firm can make.

  • Guidance on joining a network or becoming directly authorised as a mortgage firm, explaining both options clearly.
  • Step-by-step breakdowns of costs, processes and compliance for each path. Helping you understand what’s involved in running a mortgage firm.
  • Practical advice on managing your business from system setup to lender relationships, tailored to your choice between network membership or direct authorisation.
  • Support structures offered by networks, including training, compliance and business growth resources.
  • Tools to compare options and make informed decisions about your business structure and long-term success.
Booklet-style cover titled “Direct vs Network” with the subtitle “Paths to FCA Authorisation for Mortgage Firms”. The cover shows a woman with long red hair seated at a desk facing away, with minimalist décor elements, and Connect branding at the top.

Network vs directly authorised comparison

AreaJoining a networkDirectly authorised
Regulatory structureUsually appointed representative status under a principal firmFirm holds its own FCA permissions
Compliance responsibilitySupported and overseen by the networkManaged directly by the firm
Lender accessAccess through the network’s lender and provider panelBuilt and maintained by the firm
Systems and CRMOften provided as part of network membershipChosen, funded and managed by the firm
Training and developmentNetwork support, events, guidance and updatesArranged independently
Business growth supportMay include marketing, placement support, case support and adviser developmentBuilt internally or outsourced
ControlStrong business autonomy within network rules and permissionsFull responsibility and control
SuitabilityAdvisers who want support, structure and scalable growthFirms with strong compliance infrastructure and operational capacity

Quick answer

Joining a network may suit brokers who want access to lender panels, compliance support, training, business development, CRM systems and practical guidance without managing every regulatory process alone.

Becoming directly authorised may suit firms that want full control over their permissions, systems, compliance framework, lender relationships and operating model, and have the time, knowledge and resources to manage those responsibilities directly.

For many experienced brokers, the best question is not “which route is cheapest?” but “which route gives my business the strongest platform to grow safely, compliantly and profitably?”