Here, Mortgage Solutions rounds-up the best comment from those two articles by Personal Touch commercial director David Edwards and London Money director Martin Stewart.
Steven Lowe said: “We three brokers jumped ship in 2009 at the worst time possible and went into a DA partnership.
“The first two years were a struggle as with everyone else at that time but slowly things improved and now we have full control of all we do and more importantly keep 100% of our earnings minus insurances, fees and taxes.
“We got forced into setting-up ourselves because of circumstances and I’m not sure if not pushed into being a DA we would have jumped but stayed as ARs because it was easy. We had panels as ARs for life, general insurance and mortgages, but paid away around 40% of earnings.
“Now I would never be under a network, but it’s taken three to four years of hard work to get here. I understand not everyone is a risk taker or is forced to look at DA as an option, but I say jump in as over the long term as the water is lovely.”
You can read all the comments below both the articles and add your thoughts there too.
