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Mortgage Talk links up with Gloucester Property Centre

Mortgage Talk, a Yorkshire based AR within Legal & General, has added 31 advisers to its sales force after teaming up with Gloucester Property Centre.

Mortgage Talk started 2010 with 70 Advisors but with a plan to increase this to 100 by the end of the year.

Verona Frankish, head of business recruitment at Mortgage Talk, says: “Our plan for 2010 has been to maximise the opportunities that the market has offered and to grow our headcount in anticipation of better days.

“The result of this strategy is that Mortgage Talk will end 2010 with a salesforce 70% greater than they started it, ahead of target and with their recruitment pipeline in a healthy position.”

Leon Broady, director at GPC, says the fact that Mortgage Talk had diversified its business model and added new income streams to their model is clearly very attractive to it.

He says: “The beauty is that we retain our own identity and our sales force will see no difference in their day-to-day operations but as a business we will benefit from not only new income streams but by reducing some of our cost base.

“This made perfect sense to us and we are delighted to be working alongside Mortgage Talk to achieve mutual business benefit.”

Mortgage Talk says it has two acquisitions about to complete and it is determined to build on its strong foundations and the progress made over the past 12 months.

Mortgage Talk have recently added a multi-tie proposition to their group through Sesame, and are currently developing a unique Wealth Management proposition.

Peter Birch, chairman of Mortgage Talk, says growth will only come from evolving the business.

He says: “We believe we now have a proposition suitable to most mortgage intermediaries, estate agent principles and new homes developers, which continues to be an important Division of our business. Whether firms want to work in partnership with us or are looking for an exit strategy in the short or medium term, we are confident that we have a solution to meet all needs”. 

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