Our support eliminated multi-million pound losses within a high street bank’s mortgage division and saved a further £10million by improving customer service. The bank was losing more than £60million from early repayment charge (ERC) errors within its Mortgage Product Transfer division. Internal projects and more than a million pounds spent on external consultancy firms had not […]
Customer Service Improvement – Mortgage firm cuts losses
Business Improvement Specialists
Archive | July, 2013
Customer Service Improvement – Boost for bank
July 5, 2013
in Case Study, Customer Service
Our work with a high street bank resulted in multi-billion pound benefits for our client’s mortgage business and a dramatically improved customer service provision. The bank had overreached itself by over-lending to customers in a drive to become one of the biggest mortgage providers. The outcome resulted in lost profits, customers leaving and low morale, which […]