Citing current market conditions as the catalyst for this 'strategic review', Unity has decided to outsource administrative and client support functions as part of this restructure, undoubtledy leading to job cuts.
Paul Thomas, CEO of Unity Homeloans said: “Unity is having to deal with the current market turmoil in the same way as many other lenders and this restructure is designed to provide continuity. We will complete a review of our origination strategy once the outsourcing is finished.”