BrokerApr 21 2021

Just Mortgages' self-employed broker numbers up 20%

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Just Mortgages' self-employed broker numbers up 20%
Credit: Andrea Piacquadio from Pexels

Just Mortgages has reported 20 per cent growth in its self-employed arm during the first quarter, after the broker revealed plans to double its headcount in the next few years.

According to Just Mortgages, its self-employed division grew by 60 brokers in the first three months of 2021, to reach over 360 intermediaries.

The broker said it had received record interest in March, with 27 applications to join Just Mortgages’ self-employed arm in the month alone.

Carl Parker, national director of the self-employed division at Just Mortgages, said: “With the housing market currently flooded with people looking to move, we have been inundated with applications from brokers looking to go self-employed. 

“Generating leads has not been an issue recently, and with the training we provide brokers to develop their social media and online presence, our team is not short of clients to work with.

“More 95 per cent loan to value products are coming back to the market, and the rush on properties looks set to continue. Therefore, we hope and expect the massive interest in joining our team to continue, and we aim to have 425 self-employed brokers by the end of the year.”

Last month the broker said it would train self-employed brokers to develop their own teams as it looked to expand its self-employed division, after it announced plans to double its overall headcount to 1,000 by 2023-24.

chloe.cheung@ft.com

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