Just Mortgages has placed £2.4bn of lending through Openwork.
Paul Shearman, Openwork’s proposition director for mortgages, protection and general insurance, has declared that Just Mortgages is Openwork’s number one broker in the network across all three indices: lending volumes, protection and general insurance sales.
Just Mortgages joined the Openwork network three years ago, at which point Openwork’s business case predicted that the brokerage would have carried out £1bn of lending by this point. But it has placed £2.4bn 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.”
