Just Mortgages has launched its New Starter Boost initiative to assist self-employed mortgage advisers during their initial phase.
This initiative aims to ease financial worries and provides pre-qualified leads to fill diaries in the initial months, helping advisers promptly build their business pipeline.
The package includes a commission advance scheme offering interest-free loans to advisers, considering prolonged transaction times and allowing them to focus on clients and business development.
It also provides support with sales, marketing, compliance, and training, assisted by area directors.
There are options for advisers to expand their qualifications in areas like business protection, equity release, and commercial deals.
Opportunities also exist for advisers to develop their own teams with management training and recruitment support from Just Mortgages.
Ben Allkins, 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.”
Allkins added: “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 ambitions advisers, offering a platform to not just put your name above the door, but launch and scale and 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.”