Join the Stonebridge Mortgage Network

A mortgage and protection network, such as Stonebridge, is an organisation authorised by the FCA to accept full responsibility in providing regulatory supervision to brokers wanting to offer advice on mortgages and related insurances, such as life insurance, critical illness cover, and home insurance.

Mortgage networks provide services to mortgage and protection advice firms, including access to lenders and insurers, sourcing software, compliance monitoring, business development support, adviser recruitment, and ongoing training.

Joining a network has several benefits for firms. Not only do they provide access to a wealth of resources, but they also offer brokers the ability to obtain personalised advice from experts on a range of topics, such as how to enhance the services offered to clients and practical tips for running and growing a successful mortgage business.

While there isn’t necessarily a one-size-fits-all answer, there are a number of questions that brokers can ask themselves when deciding which network to choose, such as what they want their chosen network to help them achieve.

Instead of putting too much focus on determining which network is ‘the best’, it can be more helpful to look at which network offers a complete range of services that will support the achievement of their core business objectives. Some of the key features to look out for include a comprehensive compliance regime, business development opportunities, marketing tools, and a fair charging structure.

Fee structures can vary significantly between different mortgage networks, so it’s important to look at this information when deciding which network is right for you. We also advise looking out for hidden fees, extras, or overrides. Agreements should always be clear and transparent, so it’s usually a red flag if you think that a network is trying to conceal information.

Stonebridge operates a ‘pay as you earn’ model, whereas other mortgage networks will continue to charge regardless of how much business you have written each month.

Most networks only pay when the purchasing process is completed, which can cause a number of cash flow problems for firms. Stonebridge is one of the few networks that pays its members when contracts are exchanged.

When determining which network will provide you with the best opportunities and support services, it is important for brokers to look very closely at when they can expect to receive their fees. It is also advisable to look into whether current network members are satisfied with the arrangement on offer and that the network is consistent with its payments.

If you have decided that Stonebridge could be the network for you, the first step is to speak with a member of our recruitment team to make sure we’re a good fit for one another.

To get started, please complete our form, which includes basic information such as your name, contact details, and the areas you currently advise on. The team will then contact you to discuss.

Another option is to contact the team directly, either via email or phone. However you choose to get in touch, you will have the opportunity to speak with an experienced member of the team who can answer your questions and work with you to complete your application.

You’ll need to hold full CeMAP and have at least twelve months’ advising experience to join us as an AR. If you’re still building up your experience, we’d still like to hear from you. Our team can talk through your current position and advise on the best next steps. We speak with advisers at all stages of their careers, so if you’re working towards the required experience or exploring your options for the near future, we can help you understand what you might need and how to prepare for joining the Stonebridge Mortgage Network when the time is right.

Yes of course. Advisers move across to us all the time. The timing and process will depend on your agreement with your existing network and any notice or contractual conditions you need to meet. Get in touch with our team and we’ll go through your situation carefully, explain what the switch would involve, and help you plan the move with as little disruption as possible. We’re used to managing transitions smoothly, so you’ll have clear guidance at every stage.