The mortgage advice sector is constantly evolving and competition is high. To ensure your continued success, it is in your best interests to invest time into building a resilient business model that has the flexibility to adapt with ease.
Joining a mortgage and protection network can offer both a strong foundation and the ability to build and sustain a resilient business. Let’s take the opportunity to look at a few of the most significant business-building benefits that you can expect to experience as a member of a highly regarded mortgage and protection network.
Receive Up-To-Date Regulatory Information and Advice
In a sector that can often feel as though it is moving very quickly, obtaining up-to-date information can help you to keep one step ahead of the competition and continue to deliver high quality experiences to your clients without any unforeseen roadblocks.
The mortgage market can feel unstable at times and being part of a wider network can offer a sense of belonging, consistency and security that can’t be obtained in any other way.
Access Meaningful Training, Technology and Operational Support
One of the most significant advantages of being part of a mortgage and protection network is the access to valuable training programs, advanced technology and ongoing operational support services.
Stonebridge members have access to Revolution, which is market leading software designed to streamline and strengthen business processes. Some of the most prominent features of Revolution include the seamless facilitation of communication with customers and the delivery of customised reports and in-depth insights. Advanced technology can significantly streamline workloads, which can be invaluable during busy or challenging periods. It helps ensure advisers have enough time to focus on key business areas, without worrying about being buried under paperwork.
Members also receive access to their own dedicated business development team who are on hand to offer advice and strategic input both in-person and over the phone as needed. Business development teams can help in countless ways, including helping to develop streamlined workflows as well as valuable strategies to support a firm’s goals.
Commercial Benefits Offer Financial Resilience
Building financial resilience is one of the best things you can do for your business, as it provides an extra layer of security that will take away some of the stressors of being a business owner.
As part of a trusted and respected mortgage and protection network, advisers have access to a variety of commercial benefits, including commission structures and income diversification opportunities. Generally, the largest mortgage networks maintain the strongest negotiation positions, which allows them to provide their member firms with access to the most competitive procuration fees. Additionally, networks provide members with business planning support delivered by experts, which facilitates access to up-to-date, meaningful advice that will make a tangible difference to the financial health of your business.
It’s also worth highlighting here that the costs associated with being part of a mortgage network are often significantly lower than going it alone. Stonebridge operates with a ‘pay as you earn’ model, which many advisers note, takes a lot of financial pressure off their plate as they don’t need to spend time worrying about finding ways to cover their overheads every month. In terms of what this looks like in real terms, Stonebridge mortgage network members aren’t required to pay FCA or FSCS fees, PI insurance premiums or monthly adviser costs, and procuration fees are paid on exchange.
Lender Variety Supports Adaptability to Marketplace Shifts and Evolving Customer Needs
Mortgage networks provide members with access to a broad range of both lenders and protection providers. This enables advisers to provide their customers with a wide and competitive variety of options, even at a time when their needs and marketplace conditions are changeable.
Become Part of a Trusted Mortgage Protection Network
Building a resilient mortgage business starts with choosing a network you can rely on. Stonebridge is one of the UK’s most established mortgage networks, providing advisers with a stable framework designed to support long term success.
With a strong reputation for compliance support, adviser focused technology and established lender relationships, Stonebridge gives advisers the confidence to operate through changing market conditions.
Ready to Build a More Resilient Mortgage Business?
If you’re looking for the support, technology, commercial benefits and expertise to help your business adapt and grow, joining Stonebridge could be the right next step.
Find out more about the benefits of becoming a Stonebridge member and how our network could support your long-term ambitions. Complete our online form today to arrange a no-obligation conversation with our team.
