The self-employed division offers mortgage advisers a way to go it alone while still retaining the help and support an employer provides.
Launched in June 2016 with just three brokers, the division now has 140 brokers, adding a further 10 by the end of September to reach 180 by the end of the year.
Carl Parker, head of the self-employed division (pictured), said: “We also have a new DSD, Jason Whiteley starting with us in October and will have two further DSDs starting in January.”
Parker said he is finding that brokers – especially those feeling under pressure in corporate roles – are increasingly looking to go self-employed, but are worried about giving up the support they get from being employed.
He added: “We have found we are seeing an increased level of advisers contacting us from corporates, both estate agency and banks, about moving across. The uncertainty in the market has led to more micro management in the corporate world, which brokers don’t like.
“So many want to go it alone, but are worried about making that step. So our self-employed division is perfect because it offers the best of both worlds. The brokers are completely self-employed, but they each have a dedicated sales manager to help and support them.
“They know they will be able to earn more and work fewer hours by going self-employed, so it is no surprise so many are making that move. Unlike other networks with self-employed arms, we do not charge a monthly fee, it is therefore in everyone’s best interest for the brokers to be successful.”