The top brokerage Just Mortgages has announced that it has expanded its self-employed advisor division to a significant degree during the second quarter of this year, with applications on the rise.
There was a total of 50 applications from mortgage advisors throughout that period. This marked a rise of 25% on the number that the company received during the first quarter. According to a spokesperson for Just Mortgages, the majority of these applications came from advisors who already work for themselves. This spokesperson went on to add that the advisors were keen to move away from a tight business structure to something looser.
However, they then stated that some of the applicants were mortgage advisors who are employed. These people were keen to join the division so they could be in charge of their own companies and professional destinies.
The opening quarter of this year saw Just Mortgages get 40 applications from advisors keen to become part of its self-employed division. In total, it has more than 650 of them working around the UK.
Talking to Mortgage Strategy, Ben Allkins from the brokerage said recruitment was a vital issue for the mortgage sector. He then added that at Just Mortgages:
“In addition to day-to-day support with sales, marketing and compliance, brokers are able to access ongoing training and support.”
This sort of self-employment represents the ideal career path for many advisors after they have completed the necessary CeMAP training course. That is because it combines the freedom to build their own businesses with real support networks.
