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Openwork and Just Mortgages target major growth initiatives

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  • 25/06/2019
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Openwork and Just Mortgages target major growth initiatives
Broker network Openwork has ramped up its recruitment effort with a new hire for the south as member firm Just Mortgages targets rapid expansion.

 

Openwork appointed Michael Cauchois as regional recruitment manager for the south to accelerate its growth in the mortgage and protection market.

Cauchois joins from Intrinsic and brings with him 38 years’ experience in the business.

Openwork now counts 3,900 brokers in its network.

“Our proposition has proved very successful for firms that want to grow or diversify their offering. Michael brings extensive experience in recruitment and distribution and his appointment will provide support in continuing to grow our mortgage and protection network,” said Stephen Wildgoose, recruitment and growth director.

“I look forward to promoting Openwork’s proposition and to supporting business owners and advisors to run more successful, sustainable and profitable businesses,” Cauchois said.

Openwork is on track to achieve a record first half in recruitment, which includes adding 40 new mortgage and protection advisers to the network this month. June 2019 will have been Openwork’s best month for recruitment since 2007 and the second best since the network started. 

The expansion continues Openwork’s performance last year, which was its best year ever for recruitment.

 

Just Mortgages goals

Meanwhile Just Mortgages’ self-employed division is on track to reach 240 brokers by January 2020, 350 a year later and 500 by the start of 2022.

The firm has grown rapidly since it was established three years ago to 190 brokers with 40 in the application process. It employs eight area directors and has a ninth joining in September.

Just Mortgages’ self-employed division was established in June 2016 to offer a solution for brokers who want to go it alone. It grew in 18 months from three to 81 brokers.

“The broker is self-employed and in control of their own destiny, with a dedicated sales manager to support them. We don’t charge a monthly fee and therefore it’s in everyone’s best interests for our brokers to be successful,” said Just Mortgages director Carl Parker (pictured). 

“We have two partnerships in place with lead providers that generate hundreds of leads a day for our brokers,” Parker added.

 

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