The Just Mortgages self-employed division has continued its rapid growth and has now passed the 300-broker mark.
The self-employed division offers a solution to brokers who are looking for the independence that comes from being self-employed but value the support they get from being employed.
It was established in June 2016, with just three brokers, but the model proved so popular that by December 2017 there were 81 advisers in the division. By September 2019 this had grown to over 200.
The further 50% increase in numbers this year has been achieved at a time when Covid-19 has caused significant upheaval in the property sector. Self-employed brokers are in a good position to grow their businesses on the back of the strong demand that has come back to the market since the easing of lockdown.
Carl Parker, national director of Just Mortgages Self-Employed Division, says the self-employed division’s success is down to the fact it offers brokers the best of both worlds: “Brokers benefit from a dedicated sales manager to support them, and all the backup they need. When something like Covid-19 hits, the knowledge that they are part of something bigger is something that our brokers have particularly valued.
“At the same time, brokers are self-employed and have the freedom to take their business in whatever direction they want to achieve their own goals.
“Unlike other networks with self-employed arms, we don’t charge a monthly fee: we earn when brokers earn, so it’s in our interests to help them succeed.”
John Phillips, national operations director for Just Mortgages, adds: “The success of the self-employed division is testament to the hard work and commitment Carl and his team have shown, to grow the team and ensure that it offers brokers the ideal proposition.
“Covid-19 has created a great deal of uncertainty for everyone in the sector but the resilience and continued expansion of the self-employed team shows just how strong the business model is.”