Just Mortgages becomes number one Openwork broker

Published on

Just Mortgages has become Openwork’s number one broker in the network across lending volumes, protection and general insurance sales.

Just Mortgages joined the Openwork network three years ago. At that time, Openwork’s business case predicted that the brokerage would be carrying out £1 billion of lending at this point. Last year, it placed £2.4 billion of lending, almost two and a half times the predicted amount.

John Phillips (pictured), group operations director for Just Mortgages and Spicerhaart, said: “The information from Paul Shearman is a great validation of everything that we are doing at Just Mortgages and the high level that our brokers work to.

“In what is largely a static market we have increased our lending by 40% and our profits by 62% – but most importantly of all, this has been without compromising on the quality of the mortgage business that we place.

“We expect to increase our volumes still further when Openwork provides us with the authorisation to advise on equity release at the end of this quarter.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

[tds_create_account btn_bg_h="#000000" f_text_font_family="global-2_global" show_version="" tdc_css="eyJhbGwiOnsiYm9yZGVyLXJhZGl1cyI6IjUiLCJkaXNwbGF5IjoiIn19"]

Latest articles

Rents set to rise by up to 5% as supply falls

UK rental growth is accelerating again as higher mortgage rates keep would-be first-time buyers...

Buy-to-let company formations fall as landlord incorporation boom slows

The number of new buy-to-let companies being established has fallen this year as the...

Mortgage sector wellbeing improves but burnout risks persist

Mental wellbeing across the mortgage industry has improved over the past year, although long...

Cyber attacks on property businesses rise 17% as hackers target client data

Cyber attacks against UK property services businesses increased by 17% last year as agents...

Propertymark warns Scottish mansion tax could restrict housing market

Propertymark has warned plans for a Scottish “mansion tax” could make it harder for...

Latest publication

Other news

All eyes on Thursday’s rate decision

We've seen a number of lenders increase their rates over the past week, and...

Rents set to rise by up to 5% as supply falls

UK rental growth is accelerating again as higher mortgage rates keep would-be first-time buyers...

Buy-to-let company formations fall as landlord incorporation boom slows

The number of new buy-to-let companies being established has fallen this year as the...