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70 jobs lost at Britannic

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  • 13/11/2001
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More than 70 jobs have been lost as a result of restructuring at Britannic Money. According to th...

More than 70 jobs have been lost as a result of restructuring at Britannic Money.

According to the lender, the restructuring will lead to improved service levels for mortgage brokers.

The job cuts follow a series of improvements to the lender’s systems.

Matt Smith, head of marketing at Britannic Money, said: ‘Our technology means we can make some efficiencies. Last month, 50% of our agreements in principle online were from brokers. We need to deliver competitive products and good service in terms of what we provide online ‘ and this means agreements in principles and credit scoring.’

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