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Impact of working from home

Journalist: Jake Carter, Mortgage Introducer

ended 14. June 2023

How well has your business adapted to working from home?

What are the pros and cons?

Is the working from home model a successful one?

Is there a point in having a high street office anymore? Do brokers still need high-street offices?

3 responses from the Newspage community

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We have adapted extremely well. Myself and the team are always available to each other, plus a weekly f2f meeting in a pub etc. We also have a flowing whatsapp group for us all. We gave up the office when covid looked like it was sticking around for a bit and since then, we have worked at home. An office is possible again in the near future, but it will be more for hot desking as lets be honest, we all need to change scenery every now and then!
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We run a completely remote business and it works. People are used to the tech nowadays, and it allows us to speak to clients when it's convenient for them and in locations that work for everyone

Downside? It can be hard to maintain interactions and the 'feeling' of a team culture. But we're working hard to find ways of doing this. In reality, business leaders and managers are just beginning to learn how to cultivate remote teams, and employing the right people in the first place is key.

I’m sure the high street presence will still have a place, but it’s not a must. And the advantages for everyone can't be underestimated.

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Since lockdown, my business has moved to almost 100% WFH. We may do the odd home visit, or arrange to meet at a convenient venue. From a cost perspective, it's great - no fixed costs to run an office, no daily parking charge and no commute or travel costs. It's also good from an environmental point of view; I was doing 25000 miles per annum and now I do barely 5000.