The company plans to develop a significant presence in the mortgage broking market and replicate the success it has enjoyed in the secured loan broking market.
Freedom Finance is best known as a broker of secured personal loans (second charges), but the company also brokers significant volumes of unsecured loans and mortgage business. The company plans to significantly strengthen its position in the mortgage broking market by recruiting a specialist team of experienced mortgage sales consultants, who will visit clients in their own homes and provide advice and recommendations about mortgage and related insurance products.
Freedom Finance has already started its recruitment drive and anticipates having its first 25 consultants in place by Christmas this year. The company then plans to increase this number to 50 by the end of 2006, rising to between 100 and 150 sales consultants by the end of 2008.
Steve Kember, managing director at Freedom Finance, said: “We have ambitious plans for growth in the mortgage broking market and have invested a lot of time, effort and money during the past couple of years to ensure our systems and staff are able to cope with this growth. We are rapidly moving towards
an integrated lending approach, in which we undertake a careful analysis of each clients needs to see if an unsecured / secured loan or mortgage is the best solution for them. If it’s a mortgage then either, a field based sales consultant will make an appointment to visit the client in their own home or a telephone based sales consultant will call to provide detailed advice and
a product recommendation.
“We have a strong brand and considerable lead generation and marketing expertise to support this drive for growth. It will be an exciting year ahead.”
