Shortfall Recoveries Hub
While many of today’s challenges are set to last for the long-term, banks and building societies in particular are also facing unique short to medium term issues including mortgage shortfall debt.
Sign of the times: shortfall debt
Although house prices have started to stabilise, they are still around 20% lower than 12 months ago dramatically reducing overall equity and increasing the incidence of negative equity. With shortfall debt trends closely following those of repossessions, this debt challenge is yet to peak, but is also likely to reduce rapidly once economic conditions improve.

Optimising shortfall recoveries
At a time when lenders need to cut costs, internal investment in managing this issue may not be the most cost-effective option. We recognise that shortfall debt has some key differences compared to other debt types and our shortfall recoveries hub can offer bespoke strategies to recover to reflect this.

With a proven track-record and data on 70% of arrears management, TDX Group can help lenders manage the spike in shortfall debt without putting further strain on internal resource or budgets.
For more information, please contact us: info@tdxgroup.com
More about the current shortfall challenge


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