Now live: The latest Mortgage & Property Investment special edition of IFA Talk explores the evolving near prime mortgage market and the ways lenders and technology are supporting borrowers with adverse credit.
In this episode, hosts Meg Bratley and Jenny Hunter are joined by Richard Harrison, Head of Mortgages at Atom Bank. Richard shares his insights into the rising activity in the near prime market, the challenges advisers face when working with these clients, and practical approaches lenders are taking to help borrowers rebuild their credit and gradually regain prime status.
Key discussion points include:
- The factors driving growth in the near prime mortgage market
- How technology is improving the experience for advisers and borrowers in the adverse credit space
- Common challenges advisers encounter when supporting near prime clients
- Lender strategies to help borrowers rebuild credit and progress towards Prime status
- Practical guidance for advisers on collaborating with lenders in this dynamic market
This episode provides valuable insight for brokers and mortgage professionals navigating the near prime segment, offering guidance on trends, technology, and lender approaches that can help advisers support clients with more complex credit profiles.
Check out more on Atom banks near prime index here
Be sure to check out this episode and all other episodes of IFA Talk on Spotify, Apple Podcasts, and Amazon, and visit the Mortgage & Property tab on the IFA Magazine website for the latest news and insights.
Richard is head of mortgages for Atom bank and has been with Atom for almost three years now. Richard’s primary objective is to ensure Atoms mortgage proposition works well for brokers and customers alike. Their commitment to invest in technology and challenge the traditional processes used within the mortgage journey means they can provide excellent service to brokers
Disclaimer
IFA Talk is for financial professionals only. All material has been carefully checked for accuracy, but no responsibility can be accepted for inaccuracies. Wherever appropriate, independent research and whatever necessary legal advice should be sought before acting on any information contained in this podcast.
Value of investments and income from them go down as well as up, so you may not get back the amount you originally invested.
