Nationwide to cull 150 mortgage advisers as it shifts to online consultations - News Summed Up

Nationwide to cull 150 mortgage advisers as it shifts to online consultations


By Helen Cahill For The Mail On SundayPublished: 17:16 EDT, 29 May 2021 | Updated: 05:53 EDT, 30 May 2021Nationwide is culling one in four of its mortgage advisers as it shifts to holding online consultations with borrowers. The building society has launched talks with staff to axe up to 150 of its mortgage consultants. Nationwide is planning to speak to most of its mortgage customers online in futureThe lender is planning to speak to most of its mortgage customers online in future. Nationwide currently employs 512 mortgage consultants. 'The move to processing mortgage sales via the video-to-member service allows us to be more efficient, so we do need to reduce our mortgage sales team.'


Source: The Nation May 30, 2021 08:48 UTC



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