The Nottingham unveils branch-based mortgage advice – via video

Published on

The Nottingham Building Society is now offering a branch-based video mortgage advice service.

As part of a large-scale digitisation project, the society’s branches now feature a modern video system, which connects the customer to a qualified Nottingham Mortgage Services (NMS) mortgage adviser who can search and compare products from over 50 lenders.

The new Nottingham On Demand (NOD) service allows for full mortgage application details to be taken in an average of 30 minutes.

In a study by The Nottingham, 22% of consumers said they would want to use a branch-based mortgage advice service.

Tina Hayton-Banks, director of member services, said: “We understand that going through a mortgage application process or remortgaging your house can be a daunting prospect and with so many products out there, it’s a struggle knowing which to choose. Advice tailored around a person’s individual needs makes a big difference and sometimes it’s more complex than simply filling in a form.

“We already offer the service over the phone and face-to-face via an adviser in some locations but with the help of the technology investment, we can now extend this service to even more branches. Customer feedback so far has been excellent so we’re excited our new ‘NOD Pods’ will allow us reach more customers with whole of market mortgage advice.”

Gary Womersley, head of branch network, added: “Finding our members the right mortgage, regardless of provider, is something we are passionate about. It’s the reason, back in 2013, we started offering whole of market mortgage advice to our customers through Nottingham Mortgage Services and something we get lots of positive feedback about, so it’s great customers in new locations can now benefit.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Alternative strategies for buying in high-growth property areas

For first-time buyers a Lifetime ISA can be a useful way to build a...

Employers struggle to engage staff with financial wellbeing support

Only 12% of employees have used financial wellbeing support provided by their employer, despite...

Defaqto extends Matrix 360 to protection and wealth providers

Defaqto has broadened its Matrix 360 market intelligence platform to cover wealth management and...

Marshall and Cooke join Mortgage’s Got Talent judging panel

Mortgage’s Got Talent has added two more industry names to its judging panel, with...

Jane Benjamin to lead Crystal’s specialist finance network and club

Crystal Specialist Finance has appointed Jane Benjamin as managing director of its Network and...

Latest publication

Other news

The two-year fix isn’t advice. It’s a diary entry

5.98%. That was the average two-year fix on 5 October, according to Moneyfacts, the...

Alternative strategies for buying in high-growth property areas

For first-time buyers a Lifetime ISA can be a useful way to build a...

Employers struggle to engage staff with financial wellbeing support

Only 12% of employees have used financial wellbeing support provided by their employer, despite...