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Stonebridge targets recruitment to fuel growth

Mortgage and insurance network Stonebridge Group is looking to expand its recruitment and development programmes to build on the growth it experience in 2012.

Stonebridge saw its mortgage lending business grow by 23 per cent in 2012 but says it needs to recruit further in order to maintain this level of growth.

The business recruited 16 appointed representatives in 2012 to bring its total number of ARs to 83 and it plans to add to this number of the course of 2013.

Stonebridge Group managing director Richard Adams says: “We intend to build on these achievements in the coming year and the tweaks we have already made to our business such as the enhancement of our sales support team should enable us to do this.

“There are other encouraging signs that banks may begin to regain their lending appetites in 2013 and this would certainly help us achieve our objectives. Most market commentators seem to have predicted that UK mortgage activity will be up by around £10bn over the coming year and there is every reason to believe that networks and intermediaries can account for a fair proportion of that.”

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