One flat rate, and it covers everything.
We keep 5% of your commission and proc fees, capped at £750 a month per adviser. It comes straight out of the commission, so there's no invoice to pay and no VAT on top.
What your 5% pays for
- Your FCA periodic fees
- The appointed-representative fee for your firm
- FSCS, ombudsman and money-guidance levies
- Our network PI insurance
- A check on 100% of your files before submission
- Same-day sign-off on your promotions
- Your practice-in-a-box, support and training
Two published safeguards: if an adviser's actual regulatory costs ever exceed the cap, the cap flexes to cost; and if an exceptional industry-wide levy lands, the percentage can adjust once, uniformly, for everyone, by no more than the documented amount.
What you can write with us
You can write the whole residential, buy-to-let and protection market under our FCA permissions. The 5% and the £750 cap apply to all of it.
You advise, we check it before submission
- Residential purchase, remortgage and product transfer
- Buy-to-let, including consumer buy-to-let
- Second-charge mortgages and regulated bridging
- Life, critical illness, income protection and private medical
- General insurance and business protection
- Small-business finance for sole traders and partnerships
Placed through our specialist partners
- Unregulated bridging and development finance
- Commercial mortgages and limited-company lending
- Asset and invoice finance
These sit outside FCA regulation, so you refer them to our specialist packagers and the case stays on your file.
Regulated activities are carried on under Refresh Mortgage Network Limited's FCA permissions (FRN 826982) as set out in your Appointed Representative Agreement. Specialist lines may require evidence of competence before you write them.
What would you keep?
Drag the slider to your annual commission. The Refresh figure already includes your regulatory bills.
£165,000
1
Yearly cost
Refresh
90/10 network
75/25 network
You keep £156,750 at Refresh — £8,250 more than a 90/10 split
Get these numbers confirmed| Refresh | 90/10 split | 75/25 split | |
|---|---|---|---|
| Cost per adviser / year | £8,250 | £16,500 | £41,250 |
| Firm cost / year | £8,250 | £16,500 | £41,250 |
| What you keep / year | £156,750 | £148,500 | £123,750 |
| Refresh saving | — | £8,250 | £33,000 |
Illustrative figures. An adviser writing £165k a year pays about £8,250 at Refresh and never more than £9,000; about £16,500 on a 90/10 split; about £41,000 at 75/25. Directly authorised costs £8–14k plus the admin.
How we compare with the other routes
| Feature | Refresh | Percentage networks | Flat-fee networks | Directly authorised |
|---|---|---|---|---|
| You keep | 95%, capped £750/m | 70–94% | 100% minus fees | 100% |
| Regulatory bills | Included | Usually | Varies | You pay |
| PI cover | Included | Via levies | Varies | You pay |
| VAT added | None | On fees | On fees | On services |
| Paid | Same day | Weekly–monthly | Varies | Lender run |
| Case checks | 100%, before | 5–10% after | Sampled | Yours |
| Promotions | Same day | Days–weeks | Days | Yours |
| Go live | ~30 days | 6–12 weeks | 4–8 weeks | 3–6 months |
| Leads | Pay per lead | Rarely | No | Your own |
| Exit | 3 months' notice, no fees | Restrictive | Varies | Yours |
| Introducing | 25% for life | One-off bounty | Rarely | n/a |
Why other networks can't match it
We run on software, not a head office full of staff
Our costs are the software and a small team, so we don't need a big slice of your fees.
We check every file, which keeps our PI cover affordable
Catching problems before submission means fewer claims, and fewer claims keep the premium down.
We only earn when you do
If you're not writing business, we're not getting paid, so we're on the same side.
Our promises on price
- Everyone pays the same published rate
- You'll get 60 days' notice of any change
- Launch offers are free months, never a cheaper rate
- Leads are sold one at a time and never bundled in
