
Mortgage network market sees continued AR movement in Q2 – Network Consulting
The latest figures show Stonebridge Mortgage Solutions remained one of the strongest-performing larger mortgage networks.

The latest figures show Stonebridge Mortgage Solutions remained one of the strongest-performing larger mortgage networks.

Wealth management networks recorded a net increase of 89 appointed representative firms in 2025, as FCA data points to continued contraction in the directly authorised advice market.

Stonebridge has recruited more appointed representative firms than any other mortgage and protection network for the fourth year running, according to independent research.

Network Consulting’s FOI request to the FCA found between 2020 and 2025, the number of DA firms working in mortgages only, wealth only, or both went down 17.2%, losing 1,853 firms.

Earlier today the TenetLime mortgage network was sold to LSL, owners of PRIMIS, in a deal valued at up to £12.9m.
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