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Broker defies gloom and hires staff

A London brokerage is defying the doom and gloom of the mortgage market and looking to recruit advisers to the firm.

In the wake of big name players such as Cobalt Capital and Chase De Vere Mortgage Management exiting the market, brokerage Bespoke Mortgages is looking to strengthen its position as one of the firms left standing.

The company is looking for experienced brokers with a portable client bank who want to work on a self-employed basis but trade under the Bespoke name.

Brokers will be provided with IT and compliance support via the firm’s appointed representative status with Mortgage Intelligence. Successful applicants will also have the choice of working from home, the Bespoke office, or remotely.

Christian Barth, director of Bespoke Mortgages, says: “There is definitely business to be done, it’s just more difficult and you’ve got to work 10 times harder. When the market does recover there is going to be a bigger opportunity for the brokers that survive.”

IFAs and specialist advisers are also welcome to apply, as well as mortgage brokers.

The move follows similar recruitment drives from London & Country and John Charcol over the past six weeks.

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