Just Mortgages has announced plans to double its number of brokers over the next three to four years.
Since launching in 2016 with 100 brokers, Just Mortgages now has more than 500 and the group revealed it is planning to reach 1,000 advisers by 2023/24.
Brokers who work at Just Mortgages can be fully employed or self-employed, and the employed division – which has around 160 brokers – tend to be based in Spicerhaart estate agents, although some are also home based.
The self-employed arm, which was set up in October 2017, now has 345 advisers and Just Mortgages indicated it is looking to grow this figure to 460 by this time next year.
The group also has a new build division which started with eight advisers at the beginning of 2019 and now has 20 brokers. Just Mortgages confirmed its intentions to increase this figure to 34 in the next year.
“Most of our mortgage brokers are self-employed and we are growing every month,” commented Just Mortgages group operations director, John Phillips. “One of the side effects of the COVID pandemic, in a good way, has been former brokers returning to the mortgage industry.
“Mortgage advisers who moved career in the past, perhaps to run a pub or a restaurant, have been forced to rethink their employment opportunities, which have been dire for those in industries such as hospitality. These former brokers are rejoining at a very busy time as home buyers, buy-to-let investors and those seeking to remortgage need good advice.”
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