Mortgage intermediaries and support staff working within the mortgage sector are being encouraged to contribute to a mental wellbeing study by the Mortgage Industry Mental Health Charter (MIMHC).

The study is to coincide with Mental Health Awareness Week, which runs between 9 and 15 May.

A previous study, conducted by Crystal Specialist Finance in August 2021, revealed that almost one in five (18%) respondents rated their overall level of mental wellbeing “of concern”, while the number of individuals working over 45 hours per week had increased to 66%.

According to the MIMHC, its latest study will look to explore factors which can impact an individual’s mental health, to better understand areas where support in the mortgage sector is required. It will also look to establish how mental health and wellbeing provision has changed during the pandemic, as well as how the current cost of living crisis is affecting stress levels.

Insight for the research will be formed by surveying appointed representative advisers, directly authorised advisers, professional introducers and admin staff working within the mortgage intermediary marketplace – with questions exploring work and life balance, sleep patterns and workplace mental health provision.

“The results will be published on Monday 9 May and available via a free downloadable resource which can be accessed from the MIMHC website,” a statement from the MIMHC said.

“The MIMHC team are therefore encouraging all mortgage intermediaries and support staff operating within the mortgage sector to take a moment and complete the survey to be part of this ground-breaking study.”

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