Email Us: info@cfbuk.org
Become a Representative
BECOME AN APPOINTED REPRESENTATIVE
Would you like to become a commercial finance broker in your own right?
If you are already an FCA registered professional, we can be the solution to having your own commercial mortgage brokerage instead of referring your clients to one.
The CFB UK Dual Appointed Representative or Stand Alone Appointed Representative propositions are available to firms and individuals who are already appointed representatives of a network or directly authorised (DA).
If you wish to add commercial broking services to your existing business portfolio for your client’s, this structure could be for you.
Once your application has been approved you will operate under CFBUKs whole of market proposition, CFBUKs Professional Indemnity, CFBUKs FCA registration and our NACFB membership.
Express your interest in our AR proposition
For more information about becoming an AR and to discuss your particular requirements, please call our AR network team.
The key points of the proposition are as follows:
- The firm can continue to trade under its current brand without the need to establish a separate company (unless required DA).
- The firm can continue to communicate with clients through its existing email accounts, with minimal declaration changes.
- The firm becomes the AR and can appoint any number of registered individuals within the firm.
- The firm operates under CFB UK's PI cover, FCA registration and NACFB membership for commercial and business activities. This includes transactions such as non-regulated bridging, development finance, property investment finance which includes off-shore clients and commercial owner occupier finance.
- The firm becomes a whole of market commercial finance broker under the CFB UK market proposition and benefits from its enhanced lender status.
- The firm gains access to CFB UK's cloud based CMS, hands on broker mentoring and educational, training CPD services.
- The firm's nominated RIs receive access to both remote and classroom based training modules covering the key disciplines of commercial finance broking.
- CFB UK network deductions are agreed within the following structure:
- Each AR firm pays a minimum network fee which includes one RI and an additional amount per month for the appointment of each additional RI required.
- The network makes the following further deductions based on fees generated (reviewed every 6 months):
£21,000+ per month deduction is 5%
£8,333- £20,999 per month deduction is 8%
£4,166 - £8,332 per month deduction is 13%
Less than £4,166 per month deduction is 18%
In addition, the Principal will retain 2 basis points (0.02%) of the loan amount.
Speak with your local specialists today to see how we can help
Explore
Services
Bridging Finance
Property Development
Ex-Pats Investments
About
Registered Office
CFB (UK)
The Salt House
Tide Mill Way
Woodbridge
IP12 1BY
FCA number | 736199
ICO number | Z1819081
Company no. | 06353973
Contact
NACFB Full Members
The commercial mortgage sector is currently a non-regulated activity, as defined by the FCA. Commercial Finance Brokers UK Limited is a member of the National Association of Commercial Finance Brokers (NACFB). We adopt a strict Code of Practice and Minimum Standards set by the Association. You can check our membership status by contacting the NACFB.
Commercial Finance Brokers UK Limited are authorised and regulated by the Financial Conduct Authority, FCA number 736199. We are a credit broker, not a lender. We work with the whole of market and may earn a commission from the lenders, this amount varies between lenders’
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