Ensure your suppliers are delivering. For us this means a review of an existing, new or even potential supplier into our client. Appropriate checks and verifications from an initial supply of services through to the ending of such arrangements can be handled and supervised by us.
We help to ensure clients are getting best value from their current suppliers, by reference to independent reviews and market comparison on service levels or pricing.
Our experience in this area includes:
Service level agreements reviews(checking adherence to contractual positions)
Loan servicer reviews(independent assessment v market norms)
Asset manager reviews(ensuring compliance with requirements)
Debt counsellor audits(measuring results against regulatory rules)
Introducer compliance checks(carrying our detailed due diligence)
The FCA announced in its 2017/18 business plan that it will investigate lenders with interest-only mortgage books. The aim is to make sure customers are being treated fairly. The business plan says: “Around 1.8 million UK home owners currently have outstanding interest-only mortgages (excluding buy-to-let) and many do not have an appropriate strategy to repay […]
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