John Charcol relaunches partner network to help self-employed brokers

Michael Lloyd

June 20, 2019

self employed division

John Charcol has relaunched its nationwide partner network, which aims to support the growth of self-employed brokers.

It offers self-employed brokers the choice of two competitive 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.

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.”

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. And there are no hidden charges for professional indemnity insurance or netting of proc fees.

Peter Tsouroulla an existing partner network member who joined John Charcol in January 1999, added: “There remains something special about being a John Charcol broker.

“John Charcol has an incredibly strong UK wide brand in the mortgage market built over many years, which has made a massive difference to us when engaging with customers who want to deal with a trusted and respected brand.

“Ultimately, as a broker, I want to spend as much time with my clients as possible and the partner network has allowed me to do just that.”

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