The review was conducted to ensure the business is fit for the future and in the best possible shape to deliver a high quality service to both appointed representatives (via Mortgage Next Network) and directly authorised brokers (via Mortgage Next Limited).
As a result of the review, the company has made a number of key appointments and is also recruiting additional sales and operational staff into both businesses. Martin Maynard, managing director of Mortgage Next Limited, takes responsibility for delivering a range of services to directly authorised brokers. Gemma Harle has been appointed managing director of Mortgage Next Network and is responsible for providing regulatory support to the company’s AR’s.
Maynard is supported by marketing director, Justine Tomlinson, and sales director, Lisa Barber. Harle is supported by head of business development, Andy Valvona, and head of compliance, Claire Wilkinson. Both businesses will be recruiting additional sales and operational staff during the coming months.
Tony Machin, group managing director of parent company Freedom Finance, said: “Freedom Finance is fully committed to supporting the long-term development of Mortgage Next’s network and club propositions. We have the financial strength, management expertise and specialist resources within the group to help accelerate the growth of both businesses and a key objective for the managing director’s will be to effectively utilise those resources to gain maximum competitive advantage for their respective companies.
“The restructuring being announced today and the additional recruitment which will take place over the coming weeks, is tangible evidence of our desire to maintain Mortgage Next’s position as one of the UK’s leading providers of services both to appointed representatives and directly authorised brokers.”
Twelve months after the introduction of mortgage regulation, Mortgage Next Network has more than 130 AR firms and Mortgage Next Limited supports 2500 directly authorised brokers. Mortgage Next Limited has recently launched its ‘Passport’ incentive scheme, which offers a range of broker benefits including the payment of AirMiles on all new business. A similar package of benefits is being made available to AR’s of Mortgage Next Network.
