ERC Standards Board Chairman, Chris Pond, has written an article about the Council’s updated industry standards which has been published in Mortgage Solutions. The article discusses the recent update – hailing it as a key milestone with the introduction of a principles and outcome-based approach – and emphasises the work of the Council and standards board. The article discusses the need to protect the more vulnerable in society and reinforces the benefit of the standards in providing the highest form of protection for any property-based loan.

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