Mortgage Broker - BDM Recruitment : Job Details

Mortgage Advisor - Colchester

BDM Recruitment Vacancy Ref:

J1747MBBMC

Remuneration:

£25,000 - £29,000 basic, including car allowance, pension, DIS, financial guarantees for 5 months, OTE £55,000 - £60,000 year 1

Overview:

A well-respected national chain of estate agents is seeking an experienced fully CeMAP mortgage advisor or mortgage broker to join an established office in the Colchester area, providing whole of market mortgage advice as well as having access to a panel of 6 life companies for mortgage related protection products regulated mortgage and protection advice.

Main Duties:

An experienced mortgage advisor or mortgage broker is required to work with a market leading estate agency office in Colchester. Working with the established team of estate agency staff, as a mortgage advisor or mortgage broker you will receive 8-10 new mortgage appointments per week, as well as receiving new leads daily, you will also have full unlimited access to the Colchester’s existing client base.

In the Colchester area, the average property value is £380k, however, as the mortgage advisor or mortgage broker in Colchester, you will deal with properties up to £700k. The Colchester area is a very busy property market and according to RightMove, on average 128 properties are sold per month in the area.

You will have access to the whole of the market in terms of Mortgages and one of the best life assurance providers in the UK with regards to protection business. Our client offers a good basic plus an excellent commission structure, ranging from 10 to 25%.

Our client also offers an excellent commission structure with no threshold and a different commission for the various products at your disposal including ASU, term assurance and B&C.

On top of a competitive basic ranging from £27,000 - £29,000 including car allowance, our client offers an excellent commission structure with no validation level, as well as bonuses for achieving certain levels of banked business.

Key Skills:

As you will be the sole mortgage advisor or mortgage broker working within the Colchester branch, an excellent knowledge of mortgages and the various products is essential along with the CeMAP qualification (or equivalent).

Applications will be considered from individuals from a tied, Independent or banking mortgage environment providing that they can show a good track record in mortgage sales, if the CeMAP, CF6 or MAQ qualification has been attained.

Summary:

This is an excellent opportunity for an experienced mortgage advisor or mortgage broker to work with a market leading estate agency office in Colchester, with 8-10 new mortgage appointments generated via the incentivised team. Working in the branch you will be targeted to write 2 - 3 new mortgages, as well as protection business per week, based on averages you should be looking to bank £150k in broker & proc fees, along with life assurance, with realistic OTE of £65,000

Contact:

Bryn McMillan

Managing Director

BDM Recruitment