The new office will be led by network mortgage broker David Rounsfell and Patrick Collins.
The brokers had been part of Prism Financial Advice Ltd based in the North East.
Since the start of the year, John Charcol has recruited ten new network members and plans to grow this number further during 2020.
Brokers with their own client base or introducers can join the full partner network, which offers a commission rate of 85 per cent on each mortgage sale, including the proc fee, client fee and any ancillary services.
Intermediaries who require help with lead generation can get support from John Charcol before moving over to the full network.
Rounsfell said: “It’s been a dream of mine to bring the John Charcol name north since I moved up to the North East nearly 20 years ago and now this dream has become a reality.
“We have a strong focus to develop the brand and, with this office opening, we will go from strength to strength. We are bringing a wide range of professional services to clients in Newcastle and the North.”
Luke Somerset, chief commercial officer at John Charcol (pictured), said: “John Charcol has a great track record of supporting self-employed advisers across the UK and helping them grow their businesses through our partner network.
“So, we are delighted to be supporting both David and Patrick under the John Charcol brand. Our partner network is designed to give advisers more time to grow their businesses whilst benefiting from highly competitive commission rates.”