Thinking of Leaving Your Mortgage Network?

Thinking of Leaving Your Mortgage Network

Thinking of Leaving Your Mortgage Network? A Professional Guide for ARs | If you are an appointed representative considering a change, you are not alone. Many advisers review their mortgage network arrangements each year as their business grows and market conditions evolve. This guide explains the key factors to consider before leaving your mortgage network and explores alternative options, including the benefits of joining a supportive adviser community.

Why Advisers Consider Leaving Their Mortgage Network

There are many reasons why brokers reassess their network relationships. The most common include:

  • Rising network fees or reduced earnings

  • Limited lender access or restricted product panels

  • Slow compliance turnaround times

  • Insufficient business development support

  • A desire for greater autonomy and control

  • Concerns over culture or communication

Evaluating each of these areas helps you determine whether your current network supports your long-term goals.

Key Questions to Ask Before You Leave Your Mortgage Network

Before making any decision, it is important to approach the process professionally and strategically. The table below provides a structured set of questions to help you evaluate whether your current mortgage network still meets your needs.

Decision Checklist for Leaving Your Mortgage Network
Question What to Review
1. Does the network provide value for the fees you pay? Compare fees with the level of compliance support, training, technology access, field supervision, lender panels, and commission levels.
2. Are you receiving the support your firm needs? Assess whether the network offers responsive compliance, personalised coaching, BDM support, protection training, and specialist lending expertise.
3. Does the network align with your business vision? Consider whether you prefer a hands-on or hands-off network, how much autonomy you want, and whether the network supports your long-term growth strategy.
4. Does the network provide strong visibility in adviser directories? Check whether your profile is listed on key directories such as unbiased style listings, Vouched For-type platforms, or the network’s own adviser finder. Visibility affects lead quality and volume.
5. Is the technology stack supporting your workflow? Review CRM systems, sourcing tools, suitability templates, case tracking, integrated protection software, and the overall ease of use. Slow or outdated tech affects productivity.
6. Are compliance processes efficient and consistent? Consider case turnaround times, clarity of feedback, support during audits, and whether the compliance approach feels supportive rather than restrictive.
7. Is the lender panel wide enough for your clients? Check if the network limits panel lenders or product access. This is critical for specialist areas such as bridging, commercial, or complex buy-to-let.
8. Does the network help you generate new business? Evaluate the quality of marketing support, social media guidance, lead generation tools, content support, and events or training that help attract new clients.
9. Are the network’s PI insurance arrangements suitable? Ensure their PI cover does not restrict the type of business you can write. Some networks limit complex or specialist cases.
10. Is communication clear and proactive? Review the network’s responsiveness, transparency around changes, system updates, regulatory guidance, and general support.
11. Does the network encourage personal development and training? Check availability of CPD sessions, webinars, personal development paths, and training for advisers and admin teams.
12. Are contract terms fair and flexible? Review exit clauses, clawback policies, minimum case volumes, ownership of clients, and restrictions on branding or marketing.

Your Options When Leaving a Mortgage Network

When you decide to move on, there are typically two main paths.

Option 1: Join a new mortgage network

If you still prefer the appointed representative model, joining a new network can offer:

  • Better compliance support

  • More competitive fee structures

  • Broader lender access

  • Clearer communication and business development assistance

Learn more about joining a supportive network by visiting our Connect Mortgage Network page.

Option 2: Become Directly Authorised with FCA approval

Some experienced advisers choose the DA route to gain full control over their processes and earnings. This option provides:

  • Independence and flexibility

  • Freedom to build your own brand

  • The ability to select your technology and processes

However, it also comes with increased regulatory responsibility. Many brokers choose DA status with the support of a mortgage club. Connect provides a robust DA support framework that you can explore in our Specialist Mortgage Packagers for DA Brokers page.

How Connect Brokers Helps You Transition Smoothly

Our team works with advisers at every stage of their journey. Whether you move to the Connect Network or operate as a DA broker, we offer structured support that includes:

  • FCA authorisation assistance

  • Compliance guidance and documentation

  • Access to specialist lending panels

  • Technology and sourcing tools

  • Business growth support and mentoring

You can learn more about our full range of services in the Why Join Connect section of our website.

Final Thoughts for Brokers Thinking of Leaving Their Network

Leaving a mortgage network is a major decision, but the right support makes the transition smoother and more secure. Assess your current challenges, review your long-term objectives, and explore every option carefully. Connect Brokers is here to help you take your next step with confidence.

JOIN OUR NETWORK

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