Moneyfacts launches Consumer Duty Audit Tool for Mortgages

Rachel Springall, Press Officer / Finance Expert 01603 476210 Email Rachel

Moneyfacts launches new Consumer Duty Audit Tool for Mortgages

Following the high demand for its Savings Audit Tool, the new Moneyfacts Consumer Duty Audit Tool for Mortgages is now available to support Consumer Duty compliance.

In its last Consumer Duty update to firms, the Financial Conduct Authority asks: "What data, MI and other intelligence are you using to monitor the fair value of your products and services on an ongoing basis?"

The new powerful Moneyfacts Consumer Duty Audit Tool provides a product level view of Residential Mortgage products, and summary of the market to enable ongoing Fair Value benchmarking, filtering and review of the product portfolio.

Following the high demand for its Savings Audit Tool, the new Moneyfacts Consumer Duty Audit Tool for Mortgages is now available to support Consumer Duty compliance.

John Woods, Moneyfacts Founder and Executive Chairman, said:

“Following the unprecedented demand for the Moneyfacts Consumer Audit Tool for Savings and conversations we have had with banks and building societies, we know there is already high demand for the Mortgages version of the Moneyfacts Consumer Duty Audit Tool.”

For a free demo, please click here.

John Woods, Moneyfacts Founder and Executive Chairman, said:

For a free demo, please click here.

Notes to editors

Pioneering financial comparison technology for over 35 years.

Moneyfacts Group plc is the UK’s leading provider of retail financial product data. Used by virtually every bank and building society in the UK, and supplied to the Bank of England, Financial Conduct Authority, Financial Ombudsman Service, HM Treasury, Prudential Regulatory Authority and UK Finance.

Our expert research team monitors the thousands of mortgages, savings, credit card, personal loan, business banking, life, pension and investment products in the UK.

Moneyfacts is the UK's leading independent provider of finance product data. For over 35 years Moneyfacts' information has been a key driver behind personal finance product decisions.

For more information about us please see our key facts.

Broadcast

Our broadcast suite enables our finance experts to appear in-vision for television, and we regularly comment live on national and regional radio.

To arrange an interview for radio or television, please contact our press department. We have an in-house broadcast room.

Notes to editors

Pioneering financial comparison technology for over 35 years.

Our expert research team monitors the thousands of mortgages, savings, credit card, personal loan, business banking, life, pension and investment products in the UK.

Moneyfacts is the UK's leading independent provider of finance product data. For over 35 years Moneyfacts' information has been a key driver behind personal finance product decisions.

For more information about us please see our key facts.

Broadcast

Our broadcast suite enables our finance experts to appear in-vision for television, and we regularly comment live on national and regional radio.

To arrange an interview for radio or television, please contact our press department. We have an in-house broadcast room.

If you're looking for extra comment, a chart or more information, then please give us a call. We are always more than happy to help.

Rachel Springall Press Officer / Finance Expert

01603 476210

Email Rachel

Caitlyn Eastell Apprentice Press & PR Assistant

01603 476169

Email Caitlyn