Nationwide Building Society, the second largest lender in the UK, needed a tailored but affordable solution to update how they manage their property risk portfolio and improve customers’ experience. Nationwide selected Airbus as a strategic supplier with an equally innovative culture. Airbus committed to innovating change in the mortgage market by delivering environmental risk data that supports mortgage Decisions In Principle (DIP).
Airbus supplied Nationwide with advanced datasets integrated from numerous relevant data providers. The result was a comprehensive and property-specific solution to support lending decisions based on the insurability of the property.
This provides a solution for mortgage lenders to make efficient and accurate environmental risk assessments at a property level.