Run Your Own
Mortgage Business
Under FCA Cover
Ever North's AR proposition gives you full FCA regulatory cover, the Finance Magic platform, digital compliance, PI insurance, SMCR handling — all for £500/month. No exit fees. 30-day rolling contract.
FCA Authorised · Ref 800196 · PI Insurance Included · 30-Day Rolling Contract
Understanding AR Status
What is an Appointed Representative?
An Appointed Representative (AR) is a firm or individual that carries on FCA-regulated mortgage activity under the regulatory umbrella of an FCA-authorised principal firm — in this case, Ever North Limited (FCA Ref: 800196).
As an AR, you do not need your own direct FCA authorisation. Instead, you operate under Ever North's permission set, which covers residential mortgage mediation, commercial mortgages, equity release and protection insurance. Ever North takes regulatory responsibility for your activities.
This model is well established in UK financial services. It gives experienced mortgage advisers and smaller firms full regulatory cover — without the cost and burden of maintaining their own FCA application and ongoing compliance infrastructure.
You remain fully independent: your own brand, your own clients, your own business — with the regulatory infrastructure, technology and support of Ever North behind you.
What AR means for you
Ever North as your principal firm
FCA regulated under Ever North's authorisation
You appear on the FCA Register under ref 800196
You remain independent — own brand, own clients
Trade under your own business name and identity
Ever North provides regulatory infrastructure
Compliance, PI, SMCR, training — all handled
You focus on advising, we handle compliance
Digital compliance tools mean minimal admin for you
No FCA application required
We notify the FCA and manage your AR registration
30-day rolling contract — no lock-in
Walk away any time with 30 days' written notice
Key regulatory note
Under FCA rules, Ever North as principal firm is responsible for ensuring ARs comply with FCA requirements. All ARs are listed on the FCA Register under Ever North's entry.
The Complete Package
Everything Included in Your AR Package
One monthly fee. Sixteen features. Everything you need to operate as a fully compliant, professional mortgage adviser.
FCA Regulatory Cover
Full FCA umbrella under ref 800196. No need for your own direct authorisation.
PI Insurance
Professional indemnity included in your monthly fee under our group policy.
SMCR Compliance
SM&CR certification, Certified Functions mapping and conduct rules managed digitally.
Finance Magic Platform
Full access to AI-powered whole-of-market mortgage sourcing and CRM.
Finance Magic Partner App
Mobile app for your business — track cases, clients and commission on the go.
Digital Compliance
All file reviews, audits and compliance reports fully digital — no paperwork.
RegData Submissions
We handle all FCA regulatory reporting so you never miss a deadline.
AR Notification
Ever North manages your FCA AR notification and maintains the register entry.
Training & CPD
Continuous professional development resources, supervision and ongoing training.
Lead Generation
Access to Ever North-supplied leads from our active introducer network (50/50 split).
Marketing Support
Compliant marketing materials, templates and guidance to grow your business.
Regulatory Bulletins
Weekly updates on FCA rule changes, Consumer Duty developments and mortgage regulation.
Dedicated Compliance Contact
Direct access to David Potton's compliance team — speak to an expert any time.
Annual Compliance Review
Structured yearly file review and formal compliance assessment with our team.
Digital Signatures
DocuSign-integrated suitability reports and client agreements for a fully paperless process.
90+ Lender Panel
Whole-of-market access including high street, specialist and bridging lenders from Day 1.
Transparent Pricing
One Simple Monthly Fee
No setup fee. No exit fees. No hidden charges.
Up to 5 adviser seats
Your earnings structure
You keep 95% of all income. Ever North retains a 5% commission share. Fixed monthly fee covers up to 5 advisers — full compliance and support included. Mortgage business only.
- FCA regulatory umbrella (ref 800196)
- PI insurance included — no standalone policy needed
- SMCR support and SM&CR mapping
- Finance Magic platform — AI-powered sourcing
- Finance Magic Partner App (mobile)
- Digital compliance — all file reviews fully digital
- RegData submission support
- AR FCA notification managed by Ever North
- Training, CPD and ongoing supervision
- Lead generation from introducer network
- Marketing templates and compliant materials
- Weekly regulatory bulletins
- Dedicated compliance contact (David Potton's team)
- Annual compliance review
- DocuSign-integrated suitability reports
- 90+ lender panel — whole of market from Day 1
Network Comparison
Why ARs Choose Ever North Over Other Networks
See how our AR proposition stacks up against other major UK mortgage networks.
| Feature | Ever North ARFCA 800196 | Stonebridge | Sesame / Primis | L&G Network |
|---|---|---|---|---|
| Monthly Fee | £500 | £700–£900 | £600–£800 | £800–£1,200 |
| Income Split | 95% (5% share) | 80% | 82% | 80% |
| Technology | Finance Magic AI | Basic | Basic | Basic |
| Partner App | ✓ | ✗ | ✗ | ✗ |
| Digital Compliance | ✓ Fully digital | Paper | Mixed | Paper |
| Onboarding | 2 weeks | 4–6 weeks | 6–8 weeks | 8+ weeks |
| Contract | 30-day rolling | 12 months | 6 months | 12 months |
| Exit Fees | None | Yes | Yes | Yes |
| Products | Mortgages + Commercial + Protection + ER | Mortgages | Mortgages | Mortgages + Protection |
Network fees and terms are indicative market estimates. Always verify with individual networks.
Who We Work With
Who Is This For?
Our AR proposition is designed for ambitious mortgage professionals who want to own their business.
Sole Trader Advisers
Working alone and want FCA cover without the cost and overhead of applying for direct authorisation. Stay independent, own your clients, have the infrastructure behind you.
Small Mortgage Firms
Existing firms wanting access to Finance Magic technology and a full compliance infrastructure without the burden of maintaining their own FCA permission set.
New-to-Market Advisers
Recently CeMAP-qualified professionals ready to go out on their own. Get full regulatory cover, training supervision and a 90+ lender panel from your very first case.
Transitioning Advisers
Moving from employed to self-employed, or switching from another network. A clean, fast transition with 30-day rolling terms and no exit penalties.
What You Need
Requirements
To become an Appointed Representative of Ever North, you must meet the following criteria.
- CeMAP qualified (Level 3 or equivalent FCA-recognised qualification)
- FCA Individual Reference Number (IRN) — or we assist with initial application
- Enhanced DBS check (we can arrange this for you)
- Two professional references
- Business plan or expression of intent
- PI insurance details (or included within the Ever North proposition)
- Clean regulatory record — no upheld FCA complaints or sanctions
Onboarding Process
From Application to Live in 2 Weeks
Our fully digital process makes it simple to go from enquiry to active AR trading.
Expression of Interest
Week 1Submit the online form with your personal details, qualifications, and a brief overview of your business. Initial discussion with our onboarding team.
Takes approximately 5 minutes. No commitment required at this stage.
Document Submission
Week 1–2Upload your business plan, CeMAP certificate, proof of ID, DBS certificate, and two professional references via our secure portal.
All documents encrypted in transit and at rest.
Due Diligence
Week 2Ever North reviews your application, verifies your FCA Individual Register status, and conducts background verification checks.
Typical turnaround 3–5 business days from complete application.
AR Agreement
Week 2–3Sign your Appointed Representative agreement and compliance handbook digitally via DocuSign. Ever North submits your AR notification to the FCA.
FCA typically processes AR notifications within 1 business day.
System Access & Live Trading
Week 3–4Receive full Finance Magic platform access, Partner App credentials, lender panel setup and your compliance welcome pack. Begin trading under FCA ref 800196.
Welcome call with compliance team included.
Common Questions
Frequently Asked Questions
Do I need my own FCA authorisation?
No. As an AR of Ever North, you trade under our FCA reference (800196). You do not need your own direct FCA authorisation. Ever North is responsible for your regulated activities as your principal firm. Your name will appear on the FCA Register under our entry.
What is the income split?
You keep 95% of all mortgage income. Ever North retains a 5% commission share. The £500/month fixed fee covers up to 5 advisers, full compliance and support. No hidden deductions — what you see is what you pay.
Can I keep my own brand?
Yes. You can trade under your own business name and identity. Under FCA rules, you must disclose your AR status and Ever North's details in all client-facing communications — but your brand, website and marketing remain entirely your own.
What products can I advise on?
Under Ever North's regulatory umbrella you can advise on residential mortgages, buy-to-let mortgages, second charge loans, commercial mortgages, equity release (lifetime mortgages and home reversion plans), and protection insurance — whole of market across 90+ lenders.
Is PI insurance really included?
Yes. Professional Indemnity insurance is covered under Ever North's group PI policy whilst you are an active AR. This is included within your £500/month fee. Standalone PI policies for mortgage advisers typically cost £800–£2,000+/year — this is a real saving.
What compliance obligations do I have?
You must follow Ever North's compliance policies, complete required CPD, respond promptly to file review requests, and notify your compliance contact of any complaints or issues. We make this straightforward with digital tools and a named contact you can reach directly.
How do the leads work?
Ever North operates an active introducer network of estate agents, solicitors, accountants and other professionals. Leads are allocated to available ARs by geography and capacity. These are genuine, warm referrals — not cold lists. A 50/50 split applies on completion.
What technology do I get access to?
Full access to Finance Magic — our AI-powered whole-of-market mortgage sourcing platform and CRM — plus the Finance Magic Partner App for mobile case management, DocuSign-integrated suitability reports, digital e-ID verification, and all compliance automation tools.
Join the Network
Ready to Become an
Appointed Representative?
Join a growing network of independent mortgage professionals under FCA authorisation. £500/month, 30-day rolling, live in 2 weeks.
Or email us at onboarding@ever-north.com