Just Mortgages’ self-employed division has now reached 100 brokers – an increase of 23% since the end of 2017.
Launched with just three brokers in June 2016, the self-employed division also generated half a million pounds worth of income in March – up 40% from the previous month. This comes after a growth of 500% in less than a year.
Recently, Just Mortgages held its second annual self-employed conference where more than 90 brokers gathered at the Belfry in Sutton Coldfield. The previous day, the self-employed division authorised its 100th self-employed broker and expects to have well in excess of 150 by next year’s conference.
“The self-employed division really has gone from strength to strength over the past few months,” said Carl Parker, director of business partnerships. “At the start of 2017 we had 13 brokers, by the end of the year it was up to 81 and less than four months later, we are at 100.”
This also aligns with the appointment of Stuart Mitchell as the new divisional sales director who will work alongside Rob Perrin in London and the South of England.
Parker went on: “Stuart brings with him almost 30 years of financial services experience, and was most recently executive sales manager at Countrywide, so I am delighted to have him on board.”
He said the self-employed division is growing fast because it offers brokers the best of both worlds.
“Many brokers want to go self-employed but are worried about losing that support so we have created a model that allows them to work for themselves but be part of a wider network of support and it is proving very popular.”
Parker added: “We have grown our broker numbers seven-fold in just 15 months and I plan to increase numbers by a further 50% by the end of the year, with a longer-term goal of having over 250 self-employed brokers by 2020.”