Just Mortgages has introduced New Starter Boost, a support package designed to help advisers transition into self-employment with greater confidence and financial security.

The initiative aims to address concerns around financial uncertainty that often deter advisers from making the switch.

As part of the package, new self-employed advisers will receive access to pre-qualified leads, allowing them to build a pipeline of business in the crucial early months. This support is intended to help them establish their client base and generate income more quickly.

In addition, New Starter Boost includes a commission advance scheme, offering an interest-free loan to help advisers cover expenses while they wait for transactions to complete.  Just Mortgages believes this measure acknowledges the longer transaction times in the current market and provides financial flexibility, allowing advisers to focus on serving clients and growing their business.

Ben Allkins (pictured), head of mortgages and protection at Just Mortgages, said: “One of the biggest obstacles stopping even the most ambitious of advisers going self-employed is the fear of those first few months. Where the business is going to come from or how they will pay their bills without a steady pay cheque are all genuine concerns. However, we’re really pleased to be able to provide a package of support to help answer those concerns and help advisers fulfil their potential.

“The self-employed division at Just Mortgages has long been known for the high levels of support we provide to all our advisers, as well as the flexibility we offer under the Just Mortgages banner or own brand options. We want to be the go-to destination for ambitious advisers, offering a platform to not just put your name above the door, but launch and scale a successful and diverse advice business. With high levels of new applicants and nearly 500 advisers in the division, it’s great to see this recognised.”