Mortgages as an employee benefit

As employers compete to offer innovative employee benefits packages, Darren Laverty comments on employers offering access to private banking services, including mortgage information.

Commenting on the concept of mortgages as a benefits, Darren Laverty welcomes the idea, however it does raise some concerns over whether it could restrict the range of mortgages employees have access to.

Darren Laverty, sales and marketing director at employee financial benefits provider Secondsight, also welcomes the idea, but has concerns over whether it could restrict the range of mortgages staff have access to. “If people want to increase the probability of getting the best deal, they need to go to a mortgage broker that is unlimited and impartial,” he says. “My only concern about this would be that employees are limited to one organisation, so while [the financial partner] may offer preferential deals from their own product range, it may not be the best on the whole market.”

Featured in the latest issue of HR Magazine, read the article and Darren’s comments in full here.