Accord Mortgages has joined forces with the Mortgage Industry Mental Health Charter (MIMHC), underscoring the importance of mental health in the industry.
- The MIMHC was established to address mental health challenges with a framework for openness and compassion.
- Accord Mortgages commits to the charter’s six governing rules for health and wellbeing.
- Nicola Alvarez highlights the need for wellbeing initiatives within high-pressure mortgage sectors.
- Co-founder Jason Berry calls for systemic change towards greater mental health collaboration in the industry.
Accord Mortgages has become the latest signatory to the Mortgage Industry Mental Health Charter (MIMHC). This initiative was created to bring awareness to the mental health challenges experienced by professionals within the mortgage sector. With a focus on establishing a culture of openness and compassion, the charter now includes Accord Mortgages among its members, following its foundational seven firms.
The MIMHC aims to provide a structured approach to mental health by binding signatories including Accord Mortgages to six governing rules that represent best practices in health and wellbeing. These guidelines are crucial in promoting the mental wellbeing of employees within the highly demanding mortgage industry.
Nicola Alvarez, a senior manager at Accord Mortgages, emphasised the importance of employee wellbeing, stating, “Employee wellbeing is an essential part of any thriving business, especially in high-pressure industries like ours.” She points out that the mortgage profession often involves tight deadlines, customer interactions, and sensitive financial issues, making it imperative to focus on the mental health of those involved.
Accord Mortgages has already initiated a number of programmes to support colleague wellbeing, including mental health resources for brokers, an Inclusion and Diversity Charter, and the Accord Growth Series. Alvarez regards signing the MIMHC as a natural progression in affirming Accord Mortgages’ commitment to mental health support. “When we invest in the wellbeing of our people, the results ripple through our organisation,” she comments, linking employee health to overall organisational success.
Jason Berry, a co-founder of MIMHC, endorsed Accord Mortgages’ decision, viewing it as a signal to both colleagues and the wider industry of their dedication to prioritising mental health. Berry observes that, “MIMHC was established specifically to create a culture of openness and compassion,” and advocates for systemic changes across the mortgage sector to ensure comprehensive support for mental health. The annual survey conducted by MIMHC underscores this need, calling for increased commitment and collaboration.
Accord Mortgages’ alignment with the MIMHC signals a broader commitment to mental health within the mortgage industry.
