Online mortgage broker, Trussle, announced today an effort to hire 1,000 new advisors through 2022, with 100 in place by end of year. Given the massive demand for the recently launched 5 day Mortgage Speed Promise, Trussle is rapidly scaling up its free, award winning, mortgage advice service. This hiring will make Trussle the largest broker in the United Kingdom and solidify its position as market leader within the online mortgage brokerage space.
The incredibly busy property market through 2020 and into 2021 has meant house buying has been stressful and difficult for both consumers and those who work in the industry. This pressure within the industry has led Trussle to make two changes to the way they operate; firstly the speed promise, and secondly the broker recruitment drive. The aim of these switches is to improve the consumer journey and fundamentally ‘fix’ the way the UK approaches home ownership.
With Trussle’s Mortgage Speed Promise, customers are offered mortgage advice within 24 hours and a mortgage decision within 5 days. To support this promise to customers, and work with lenders currently part of Trussle’s “Mortgage Speed Promise” – Barclays, BM Solutions, Clydesdale, Halifax, HSBC, Godiva and Scottish Widows – Trussle is hiring talented, customer oriented, team members. The highest performing advisers at Trussle can earn £100,000 or more. Trussle, along with Better, is committed to bringing the highest quality advice to more customers in the United Kingdom and beyond.
Ian Larkin, chief executive of Trussle, said: “Our ambition is to expand strategically and swiftly, replicating Better’s model of growth and steadfast commitment to making homeownership more simple, fair and accessible for all.”
Trussle was recently acquired by Better, one of the fastest-growing digital homeownership companies in the United States. Better expects to become a publicly listed company in Q4 2021 via SPAC merger at a post-money equity value of approximately $7.7 billion.
In 2020, Better funded $24.2 billion in volume and 490 per cent year-over-year growth from 2019. During this same period, Better grew its workforce from just over 1,000 to well over 8,000 team members.