Mortgage Advice – Remote Communication Methods More Popular Than Ever

Friday, November 26th, 2021

Whilst the fallout from Coronavirus (COVID-19) has of course been immense and we all hope for a return to normality (whatever that may now mean), some of the mechanisms by which business and their clients have been forced to communicate during the pandemic may very well remain.

One of these areas that appear to have changed dramatically is in relation to the way financial advice is delivered, with many clients now seeking online flexibility in their relationship with financial and mortgage advisers.

Recent research conducted by Abdrn indicates that the pandemic has accelerated a surge in individuals using remote communication methods such as video calling. This in turn has reshaped client expectations in terms of how their relationship with an adviser will be conducted.

Although the provision of remote advice had featured before the pandemic, it has certainly accelerated the acceptance of such methods amongst many groups who would have previously insisted on face-to-face meetings with their mortgage adviser or financial consultant. Specifically, the report noted a significant increase in those aged sixty-six and over who are now using a variety of remote communication methods for the first time. 

One factor in clients of all ages accepting this form of communication has been that many have found it fits better with a busy lifestyle, with the likes of ‘Teams’ and ‘Zoom’ seemingly some of the more popular methods. 

In our view, all advisers will need to offer this solution going forward as clients will expect it. Here at Caboodle Finance, we are delighted to offer our clients a mix of both online and offline alternatives so that they can choose those that are best suited to their individual needs and/or circumstances.

Specialist mortgage advice in Sutton Coldfield

So, for no-obligation independent, professional tailored mortgage advice, please call one of our specialist advisers here at Caboodle Finance of Sutton Coldfield, Birmingham today on 0121 308 9114 or, alternatively, just click HERE to contact us via our website and one of our friendly experts will be in touch to discuss your enquiry. 

We very much look forward to speaking with you.

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. CONSOLIDATING DEBTS MAY INCREASE THE TERM AND TOTAL AMOUNT PAYABLE.

Your initial consultation is free and you are under no obligation to proceed with a mortgage we recommend. There will be a fee for mortgage advice. The exact fee will depend on your circumstances and may be reduced depending on the loan amount and any commission we receive from the lender. It is estimated that the fee will be £595, but it may range from £495 to 1% of the amount you borrow. The fee is only payable on completion and can normally be added to the mortgage. This will be discussed and agreed with you before you make an application. Please ask for a personalised illustration.

Secured loan rates from 3.95% APRC, although we have plans available up to 29.9% APRC which allow us to assist customers with the most severe credit problems. The overall cost for comparison is 7.65% APRC. For secured loans a broker fee up to 10% of the loan amount borrowed may be payable on successful completion. A lender fee may also apply. The actual APRC available will depend on your circumstances. All loans are subject to status. Please ask for a personalised illustration.

The guidance and/or advice contained in this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK.

Caboodle Financial Services Ltd, registered in England at Mere Green House, 46-48 Mere Green Road, Sutton Coldfield, West Midlands B75 5BT (number 08044670).
Caboodle Financial Services Ltd is an appointed representative of PRIMIS Mortgage Network (PRIMIS), a trading name of Advance Mortgage Funding Ltd which is authorised and regulated by the Financial Conduct Authority. PRIMIS is only responsible for the service and quality of advice provided to you in relation to mortgages, protection insurance and general insurance products. Any other product or service offered by Caboodle Financial Services Ltd may not be the responsibility of PRIMIS and may also not be subject to regulation by the Financial Conduct Authority. The Financial Conduct Authority does not regulate some forms of Buy to Let.

© 2020 Caboodle Financial Services Ltd