The new partner network offers self-employed brokers the choice of two financial packages where their business can trade under the John Charcol brand. Both packages provide brokers access to a range of services including marketing, compliance and technical support designed to help grow their business.
Self-sufficient brokers with their own client base or introducers will be able to join the full partner network, which offers a commission rate of 85% across mortgage, protection and ancillary sales income. Alternatively, those brokers who require more support to establish themselves can join a supported network where leads and full administrative support are provided.
Brokers joining the network can work regionally or from John Charcol’s head office in the centre of London.
The Partner Network also offers self-employed brokers favourable client ownership terms including a non-compete clause that protects the broker’s client bank in the event a broker decides to leave the network.
Luke Somerset, Chief Commercial Officer at John Charcol said:
“John Charcol has a great track record of supporting self employed advisers across the UK and employed brokers to transition into self-employment. This new proposition is designed to help others become more successful and profitable by trading under the John Charcol brand. In doing so, advisers will have more time to grow their business whilst benefiting from highly competitive commission rates and trading under one of the most recognisable brands in the mortgage industry.”
