You are here: Home - News -

Exclusive: Talk Group turnover leaps 68% in 2011

by:
  • 31/01/2012
  • 0
Exclusive: Talk Group turnover leaps 68% in 2011
The Talk Group more than doubled its adviser head count and increased turnover by 68% in 2011, with further plans to up its market share this year.

The group, encompassing Mortgage Talk, Mortgage Bureau and Robert Sterling, revealed at its conference in Leeds its adviser base grew from 75 to 155 in 2011.

In particular, this was boosted in March 2011, when 25 advisers joined the group after Mortgage Talk bought the mortgage advice arm of Robert Sterling, bringing its first London-based brokers.

The Talk Group said that 2011 proved a record-breaking year for mortgage submissions and insurance business.

It submitted £1.2bn-worth of mortgage applications over the year beating its previous pre-credit crunch record in 2007, while life insurance completions through network Legal & General totalled more than £3m.

Speaking at the group’s conference John Hassall, CEO of the Talk Group, said: “We bucked the trend in 2011 and plan to do so again and increase our market share in 2012.

“We are not deluding ourselves; we understand the threats these economic times pose, but it is this economic uncertainty that will create unique opportunities to grow, acquire and create partnerships.”

He added: “Let us not waste a good crisis. Good organisations and good people always emerge stronger.”

Hassall told delegates that the Talk Group will focus on five key areas in 2012:

  • mortgage sourcing and attracting mortgage exclusives
  • quality of mortgage applications and, in partnership with AMI, lenders and its partners, developing standards for the whole industry to follow
  • reviewing all applications to ensure clients are offered and have adequate protection
  • introducing new services and products
  • supporting its partners to build their businesses

Related Posts

There are 0 Comment(s)

You may also be interested in