The agreement continues an existing six year working relationship between the companies for the provision of franchised mortgage advice and financial services.
Blundells partner Steve Hinshelwood said: "Everyone at Blundells is delighted to renew our highly successful existing mortgage franchise arrangement with Mortgage Talk. We have enjoyed our previous six year liaison with them and have seen our mortgage related turnover increase by 500 per cent during that period, largely due to a dramatic and sustained improvement in our financial services and mortgage related business."
Remarking on the growth in Blundells business and the jobs created Steve added: "We now employ 24 members of staff in our mortgage department, where we have developed a stronger working relationship with Mortgage Talk than ever before. As a result we are now arranging mortgages for approximately 1,500 customers per year out of our Sheffield and Chesterfield offices with continued expansion planned for 2007."
Andrew Frankish, managing director of Mortgage Talk, added: "Our franchise arrangement with Blundells demonstrates how, by supporting each other and providing service to clients of the highest quality, sustained growth and enhanced profitability can be achieved. We are absolutely delighted to have concluded an agreement to work together as partners for another five years and look to the future with confidence and enthusiasm.
"The remarkable growth in mortgage business turnover demonstrated by Blundells indicates how effective a well-run mortgage franchise can be. Moreover, it shows conclusively the value of estate agents franchising their mortgage related business to an acknowledged expert."