Supporting Your Team’s Financial Wellbeing
At Whiteoak Mortgages, we understand that financial wellbeing is essential to your team’s overall health and job satisfaction. That's why we've introduced our Employee Mortgage & Protection Benefit Scheme, designed to add real value to your business by offering fee-free, expert mortgage and protection advice to your employees.
What is the Employee Mortgage Benefit Scheme?
Our scheme allows employers to offer their team access to dedicated mortgage and financial protection advice, supporting them in managing their finances with confidence. For most people, the mortgage is their largest financial commitment and knowing there’s specialist help at hand can make a world of difference.
Through this scheme, your staff can access:
• Fee-free mortgage advice: An average saving of £449 per employee
• Tailored financial protection advice covering Life Insurance, Critical Illness Cover, Income Protection, and more
• Personalised support with a one-on-one approach, providing a safe and private space for employees to discuss their financial concerns
This advice service enhances your existing benefits package, demonstrating your commitment to the financial wellness and overall wellbeing of your employees.
How Does it Work?
Getting started with our Employee Mortgage Benefit Scheme is simple:
1. Sign Up: Once your business is ready to join, Whiteoak Mortgages handles all the paperwork, creating a hassle-free setup.
2. Dedicated Intranet Access: We’ll set up a tailored page for your company’s intranet, allowing employees to easily connect with us directly.
3. Flexible Support Options: Employees can book individual consultations with our expert advisers through onsite drop-in sessions, private meetings at our office, or telephone and video calls—whatever suits your team best.
Why Offer a Mortgage & Protection Benefit Scheme?
*Studies show that financial security is a priority for many employees:
• 74% of employees are more likely to join a company with a strong benefits package.
• 75% of employees are more likely to stay with their employer due to a good benefits package.
• 36% of UK employees report financial worries, with 1 in 7 struggling to meet mortgage payments if they increased by as little as £99 a month.
*source: salary finance guide
Providing this service to your team not only relieves financial stress but can positively impact productivity, mental health, and loyalty to your business.
Success Stories
Our scheme has already made a significant difference for the employees of our partner businesses. Many team members have shared how much they value the support Whiteoak Mortgages offers, appreciating that their employer prioritises their financial wellbeing. This benefit creates a lasting positive impression, enhancing job satisfaction and staff retention.
Contact Us to Learn More
If you're ready to add value to your employee benefits package with Whiteoak Mortgages, please get in touch. We’ll arrange an initial call to discuss your company’s needs and set up the scheme seamlessly.
Important information
Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1%, but a typical fee is 0.3% of the amount borrowed.
Testimonial of our service
"We recently engaged with Whiteoak Mortgages thanks to a partnership between the company and WCFC. We were intrigued to hear about their Employee Benefit Scheme and could immediately see the potential benefit to our 80+ staff.
The Whiteoak team put on a workshop offering 1-2-1 advice to our staff, offering advice and talking them through any questions they may have.
Mortgage rates, LTVs and deposits can be a scary prospect, but through the scheme our team were able to learn more about affordability and the types of mortgages available on the market currently.
The press always tells us how getting on the property ladder is so difficult, but many were pleasantly surprised with the reality and left the meeting looking forward to searching for their perfect house".
Rob McKechnie
Managing Director
SJL Insurance Services