This home-to-branch system requires the customer to have an internet connection and desktop or tablet to allow the society’s mortgage advisers to provide the equivalent of a face-to-face mortgage appointment.
A spokesperson from Newbury BS told Mortgage Solutions that so far five customers have used the system, and it is expecting to engage three customers a week early in the launch period.
The video service allows documents to be shared on screen so customers can see what is being discussed and read through forms with the qualified mortgage adviser. The customer has the same engagement level as a face-to-face meeting and questions can be asked throughout the meeting.
Video appointments are available Monday to Friday and Saturday mornings, for new and existing customers. An email link is sent to the customer prior to their designated time slot with instructions on how to join the video call.
Karen Smith, sales manager at Newbury Building Society, said: “Feedback has been very positive from our members, who have found the experience to be consistent with their previous interactions with the branch – professional, personable and helpful.
“It enables us to connect more of our customers to our mortgage services, especially those who are unable to travel to a branch or work some distance from their branch home towns; ideal for those living in and out of the society’s core operating area, including outside of the UK, and still want a face-to-face interaction.”