There are no application or joining fees to become a member of the network.

There are no charges for sourcing, compliance and T & C software.

There are no deductions from broker fees.

There are no fixed monthly network fees^*.

Transparent and Fair!

HomeLoan Partnership's network membership costs are simply expressed as a retained percentage of turnover. Procuration fees, insurance and other commissions received from product providers are credited GROSS without prior deduction to the AR's account weekly.

The net total due is paid to the AR by BACS after deducting the appropriate percentage which we retain as our network charge.

We believe that this works in your favour as other networks often take their charges from net procuration fees and commissions and, with us, you contribute in proportion to your turnover. In that respect we have a vested interest to provide you with all of the tools to do business and remain focused on your success.

The retention is set at outset and then reviewed periodically with each AR firm according to:

• The firm's annual turnover from procuration fees and commissions
• Whether the firm has Trainee Advisers (a specific supervision fee would apply)

Call us to check what rate of retention would apply to your business.

Based on HomeLoan Partnership's understanding of current HM Revenue & Customs practice, the percentage of fees and commissions retained by HomeLoan Partnership is not subject to VAT.

PI Insurance is deducted separately at 1% of turnover and charged to the commission account on a 'pay as you go' basis, again always in proportion to your turnover.

^*A low minimum retention applies which is completely offset simply by transacting business on your account.