An independent mortgage broker is opening a new headquarters in the county as it aims to expand by more than 50% in the next three to five years.

Mortgages for Business will take up an entire wing of a refurbished building at Kings Hill, relocating its 38 staff from their base at Sevenoaks.

The firm aims to make the move into the 8,572sq ft office after Easter, when it will join other financial services companies at the park including Barclays, Cabot, Marsh, Arthur J Gallagher and Sterling Insurance.

Managing director David Whittaker said: “Relocating to Kings Hill is an exciting move for us because we are bursting at the seams in our current office.

“We chose the business park because it has the services, space and parking we need today and in the future.

“The new office will allow us to expand as the economy grows in the years ahead leading to greater opportunities for us all. It is also very convenient for many of our staff and will mean a shorter commute for those who live in Maidstone and Medway.”

There are about 200 businesses at Kings Hill employing some 5,000 people. More than 8,000 people live there.

Andrew Blevins, managing director of Kings Hill developer Liberty Property Trust said: “We are delighted that Mortgages for Business is moving here in order to accommodate its projected expansion and will benefit from being able to source some of its new staff from our growing residential population.”