S&P rates HML in the Republic of Ireland

HML has become the first residential mortgage servicer to receive an internationally benchmarked rating for the services it provides to Irish lenders.

The UK’s largest mortgage servicer was awarded the ‘Above Average’ rating for primary servicing of residential mortgages in Ireland by Standard & Poor’s.

HML has serviced mortgages originated in Ireland since 2005. The rating confirms the team that services the Irish loans is experienced and the mortgages are serviced in line with regulation and compliance requirements in Ireland.

Andrew Jones, chief executive of HML, said: “Seeking an independent rating for the services we provide in Ireland underlines our commitment to delivering a world-class service to our existing clients and new ones.

“HML is the only rated residential mortgage servicer in Ireland, so that should reassure companies looking for support with some, or all of their mortgage and arrears administration work.”