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Just Mortgages increases mortgage volumes by 40% and profits by 62% in just a year PDF Print E-mail
Tuesday, 27 March 2018
2017 was Just Mortgages most successful year to date, thanks to a 62% rise in profits and 40% increase in mortgage volumes.

Just Mortgages has gone from strength to strength in the past two years, writing mortgage business worth £900m in 2015, £1.15bn in 2016 and £1.61bn in 2017, an increase of 79% in just two years.

The business has also seen turnover increase by 14% and profits by 62% thanks to huge investment in infrastructure and commitment to making the business much more efficient.

In terms of people, the business has also seen huge growth, with broker numbers rising from 155 in 2016 to 200 by the end of 2017.

And in the first three months of 2018, Just Mortgages has already increased broker by a further 40. John Phillips ,National operations director and Spicerhaart said the growth is proof that Just Mortgages’ model – combining new technology with a traditional face-to face approach is paying dividends.

“Just Mortgages is now a significant player in the broker industry. Where some other brokers are struggling, we are growing, moving that or dynamic and forward-thinking approach is working.

“The fact that we are committed to the customer-facing, old-fashioned customer service and advice model but are also open to technological developments in the industry is instrumental to our success.

“We have a strong employed division, and have also enjoyed huge success within our newly launched self-employed division, which has grown six-fold in just 12 months.

“We are looking to expand further with two new Financial Services Directors, and we will also be creating a new Operations Manager options within our head office to support further growth of the businesses and the Just Mortgages brand.”

John says that Just Mortgages has a strong belief that customers require advice from a knowledgeable mortgage professional, and is therefore going to continue to grow its offering to meet this demand and plans to have 500 brokers working within its employed and self-employed divisions by 2022.
 

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