2024 'best year ever' for The Right Mortgage & Protection Network

07 February 2025

The Right Mortgage & Protection Network has today (7th February 2025) celebrated its ‘best year ever’ in announcing business growth and activity for 2024.

The network saw business up across all key product areas in 2024 compared to 2023 with year-on-year increases in mortgages (up 14%), protection (up 22%), general insurance (up 21%), income protection (up 58%), equity release (up 39%) and private medical insurance (up 41%).

By the end of 2024, turnover at the network had increased by 25% year-on-year.

The Right Mortgage & Protection Network puts the overall improvement down to a number of key developments, notably a significant increase in both individual adviser and member firms over the period, contributing to greater activity, plus the increased focus on client outcomes presented by Consumer Duty.

The network said as a result it expected these two themes to continue into 2025 and beyond, presenting its member firms and advisers with the opportunity to provide a wider range of products and services to their clients.

As at the 27th January 2025, the network had 881 advisers spread across 402 firms, an increase of 125 advisers and 31 firms in the last 12 months. Staff numbers had also increased to 74.

Last year, the network also announced a major new relationship with Acre, the intermediary platform, moving all member firms to its end-to-end platform allowing advisers to manage each case’s journey from start to finish through one system.

As a result of the shift, network member firms have benefited from a range of support and tools via Acre including: a branded client portal to securely message and manage clients; automatically-generated mortgage and protection suitability letters; AML checks with one click, alongside ID document and verification; plus fully integrated mortgage and protection sourcing, amongst many other benefits.

The network will be celebrating its achievements and its 10th anniversary at March’s National Training Event and Gala Dinner for network member firms. It will once again be held at The Vox, Resorts World at Birmingham on the 27th March 2025 and will include over 90 lender and provider exhibitors plus a range of panel discussions and round table sessions.

For more information on The Right Mortgage & Protection Network, please visit: www.therightmortgage.co.uk

Martin Wilson, CEO and Founding Director at The Right Mortgage & Protection Network, commented:

“We’re very pleased to be able to announce such strong growth and development over the course of the last 12 months, from business activity in multiple areas, to member growth, to increasing and improving our support team, to developing new relationships and setting such strong foundations for the years ahead.

“This has been a truly team effort from all those active within the network, to our key stakeholder partners, and the advisers who are the absolute heartbeat of everything we do.

“The move to Acre was a fundamental and pivotal development for us as a network, and for our firms and their advisers. It has already resulted in a far greater degree of efficiency and has opened up opportunities in areas such as lead generation, client communication, business integration, to name but a few.

“We believe that the move to Acre – the market-leading platform in our sector - puts us and our members in a very strong position to be able to develop the overall proposition and that of our advisers, so they can work as efficiently as possible and make the most of all product areas and solutions we can offer.

“Overall, as our numbers prove, 2024 was undoubtedly the best year ever for The Right Mortgage & Protection Network, but the hard work clearly doesn’t stop here. We are absolutely committed to this market and to supporting our members and will continue to deliver everything they need in order that they might also be breaking business and income records for many years to come.”

Justus Brown, Acre’s CEO and Founder, said:

“The Right Mortgage & Protection Network put their trust in Acre’s technology when they made the decision to make us their CRM platform of choice. With all of the network’s firms now onboard with Acre we can see network-wide positive changes that transform adviser businesses, including greater efficiencies, better compliance and improved client relationships.”

For more information on The Right Mortgage & Protection Network, The Right DA Club, and Group companies The Later Life Lending Network or The Right PMI & Healthcare, please contact: joinus@therightmortgage.co.uk or visit www.therightmortgage.co.uk