Mortgage Next enhances insurance commissions

The network says enhanced income from ancillary products is vital in this particularly difficult time for the mortgage market. Commissions for all general insurance, including buy-to-let, buildings, contents, accident and sickness, will be increased from 20% to 25% gross. Mortgage Next says net commission will now be 20% instead of the previous 15% available to appointed representatives. Gemma Harle, managing director of Mortgage Next, says: “In today’s tougher mortgage market income form insurance sales is becoming increasingly important and we’re pleased that we’ve been able to maximis...