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Just Mortgages sees boost in applications for self-employed division

Shekina Tuahene
Written By:
Shekina Tuahene
Posted:
August 15, 2024
Updated:
August 15, 2024

Brokerage Just Mortgages has received at least 50 applications from advisers wanting to join its self-employed division in Q2.

This is a jump from the 40 applications put through to Just Mortgages in Q1. 

The brokerage said most of the applications came from brokers who were already self-employed but wanted to move away from more corporate structures and organisations. 

There were also applications from employed advisers who wanted the opportunity to start and run their own businesses. 

Advisers who become part of the self-employed division at Just Mortgages will be able to work for themselves either under the Just Mortgages brand or their own training style. They will have access to training, mentoring as well as support with sales, marketing and compliance. 

This rise in applications comes as Just Mortgages sets out to reach a milestone of 500 self-employed brokers. 

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Just Mortgages has over 650 brokers across the country on both an employed and self-employed basis. 

Ben Allkins (pictured), head of mortgages and protection at Just Mortgages, said: “It’s hugely encouraging to see self-employed applications continue to rise. It is real validation for us that the proposition we provide to brokers is clearly compelling.

“We’ve worked really hard to put the infrastructure in place around all our brokers to deliver a real launching pad – one that enables brokers to not just open the doors, but to build and scale a successful and diverse advice business.” 

Allkins said recruitment was “one of the biggest issues facing the market, especially given the conditions we have seen and the challenges in the wider economy”.

He continued: “It means that it’s not just prospective brokers taking a leap of faith, but firms too. However, we are able to pair those with the right attitude and a robust business plan with one of our successful business principals – backed up by our experienced management team, our expert learning and development team and a wealth of day-to-day support and mentoring.

“Creating routes to a career in advice and bringing new blood into the industry is absolutely critical to its future success.”