Editor's note: This brief was summarised by The Property AI Newsroom from a report by Mortgage Solutions. Read the original article for full details.

Mortgage Network League Table Shows Growth Divide Among Top UK Firms

A new league table published by Mortgage Solutions highlights significant differences in growth among the UK's largest mortgage and financial advice networks in Q2 2026. While some networks expanded their membership, others experienced notable declines.

St. James’s Place Wealth remains the largest network by number of appointed representative (AR) firms, with 2,655 firms. However, it recorded the largest net decline in membership, losing a net 100 firms so far this year. Primis, ranked second with 1,018 AR firms, also saw a net loss of 33 firms. Quilter, the fourth-largest network with 677 AR firms, lost a net eight firms during the same period.

Stonebridge Mortgage Solutions and HLPartnership both reported strong growth while remaining among the largest networks. Stonebridge, ranked third with 736 AR firms, added a net 29 firms, the highest growth among the top five. HLPartnership, in fifth place with 574 AR firms, grew by a net 26 firms.

Outside the top five, ValidPath achieved the strongest numerical growth, adding a net 40 firms and increasing its membership by 14.4%. Ingard Financial posted the highest percentage growth, expanding its AR firm count by 28.8% with a net gain of 19 firms. White Rose Finance Group also reported strong performance, growing by 12.2% through a net gain of 18 firms.

At the other end of the table, Connect IFA saw a net loss of 28 firms, a decline of 12.7%. Dragon Brokers experienced the sharpest percentage fall, with membership dropping by 42.5% after losing 17 firms.

The league table also examined adviser density. Mortgage Advice Bureau (MAB) had the highest average number of mortgage advisers per firm, with 9.8 advisers across its 200 AR firms. John Charcol ranked second, averaging 5.2 advisers per firm. Openwork, despite being sixth by AR firm numbers, had the third-highest average at 4.4 advisers per firm. JLM Mortgage Network and Sandringham Financial Partners rounded out the top five for adviser density. Across all networks, the average stood at 2.1 mortgage advisers per firm.

These trends may be relevant for letting agents and inventory clerks monitoring changes in the UK property sector, as shifts in mortgage network membership and adviser density can impact the broader property market.