A Means to an End: Do customers really consider their long term ability to repay?
We review the current state of the mortgage market and look to a future full of change for both customers and providers alike.
Mortgage lenders are facing pressures from multiple directions with increased regulatory oversight around affordability, duty of care to consumers and development of digital tools and platforms. Operational resilience is key for firms to withstand these pressures and thrive in this sector as it undergoes significant changes.
Equiniti Hazell Carr provide a range of services to help Mortgage Lenders increase operational resilience and adapt to changing regulatory requirements.
Services for Mortgage LendersWith increased mortgage terms and LTI’s continuing to grow reflecting wider social change there is ever more scrutiny and oversight from the FCA on complaints handling and putting consumers interests first. Technology is becoming increasingly important as a driver for change influencing the way consumers and firms interact. Digital tools will help with influencing decisions and improving communication, giving more choice and support to finding the right mortgage and reducing harm.
Industry Challenges for Mortgage Lenders
We review the current state of the mortgage market and look to a future full of change for both customers and providers alike.
New FCA measures aim to help both mortgage providers and consumers previously restricted by stringent affordability rules.
Mortgage lenders have been accused of treating complaint recording as a ‘tick box’ exercise by the FCA, we explore how they can turn this ar...
Equiniti Group Solutions for Mortgage Lenders