Are you in the mortgage industry?
Why join the Connect Network? As mentioned, consider joining a mortgage network. However, you may face an obstacle initially. Deciphering information on network fees can be confusing. Additionally, locating one suitable for your business can create confusion.
To simplify matters, we want to provide food for thought. This will help differentiate the advantages of joining a particular network.
We at Connect for Intermediaries understand that all too well. This applies to prospective new advisers and advisers already in a network. We will address the latter further in this article. Here are some reasons why you should consider joining our mortgage adviser network.
Why Join The Connect Network
One of the most critical advantages is the protection it provides between you and regulators. Moreover, regulatory standards in mortgage advice have tightened considerably today. This is especially true with the new Consumer Duty regulations being introduced.
Joining Connect Network would give you access to additional resources. These resources bolster compliance efforts and provide assurance against potential penalties for non-compliance.
This is beneficial for consumers and the industry. However, it places more responsibility on brokers to show regulatory compliance.
When you become a “Connect Network” appointed representative (AR), we manage your compliance concerns. Therefore, you will have more time to provide excellent customer service and secure positive client outcomes instead of worrying about regulations.
Navigating the market
We face a “new normal” as inflation and interest rates rise post-COVID. Consequently, the mortgage market has changed for consumers. Unfortunately, those with fixed-rate mortgages set to expire will miss the low rates. Likewise, first-time homebuyers won’t enjoy the once-available low rates.
However, as demand for quality mortgage deals surges, mortgage advisers should demonstrate their true worth. Furthermore, using marketing support from networks like Connect for Intermediaries can provide a competitive edge. This approach can also help generate business in the market we love.
Research & technical support
Why Join The Connect Network?
We are a unique Network dedicated to mainstream mortgage advisers. Additionally, we cater to advisers in specialist markets. When you join the Connect Network, you benefit from a panel of over 170 lenders. This panel includes both mainstream and specialist market lenders.
In addition, we offer full training and support for advisers new to the mortgage market via our Connect Academy.
Connect Network can provide independent mortgage advisers with extraordinary benefits:
Packaging: We package and distribute products from over 55 lenders and offer an extensive market placement service. You can still benefit if you are a Directly Authorised Adviser or trade with another Network’s permission. By using us to package your clients’ applications, you access Connect’s specialist knowledge, lender relationships, and exclusive products.
Learning Management System: The LMS is part of the Connect Academy and provides content for advisers at any development stage. Induction programmes can help new market entrants learn the basics. Meanwhile, other advisers can upskill their knowledge of new market opportunities. Compliance requirements can also be easily satisfied.
Referral Service: If you lack the necessary permissions, expertise, or time, use Connect’s referral service instead. We will advise the client on the most appropriate solution for their needs while informing you of their application progress.
Researching and conducting provider due diligence can be time-consuming for brokers. The market is overcrowded with thousands of mortgage products. However, we are mindful of this issue. Therefore, our network was launched to benefit brokers.
We handle much of the legwork, giving brokers confidence in their recommendations. Thus, only the best options are provided for clients.
Similarly, we offer mortgage advisers access to revolutionary administrative technology. These systems increase operational efficiency and aid in the digital transition.
For more in-depth reasons to join the Connect Network, click here.
As promised, we aim to support brokers in networks lacking our level of support and technological advances. Additionally, they might wish for a change. Furthermore, they may not be aware of the extra benefits or support we provide. This is something their current network doesn’t offer. Finally, we love giving eye-opener moments.
To state the obvious, a network’s ultimate advantage is its assurance. However, you must remember that in the chaotic market, network advice and support make a difference when times get tough.
Moreover, as an introductory offer, we are prepared to give 100% commission only to advisers for the first three months.
When considering “Why Join The Connect Network,” we understand many factors that influence joining a mortgage adviser network. Therefore, we have developed an extensive support package to help brokers confidently make the right decision.
So, if you want to join or switch to our Connect Network, here is your chance to contact us.