SMS to meet about redundancies on Thursday

Solent Mortgage Services has confirmed that it will be announcing redundancies later this week.

The firm entered into consultation with staff nearly 90 days ago to assess where costs could be made.

But Kelvin Cooper, managing director of SMS, says that it’s still too early to tell how many staff will be affected.

Kelvin Cooper, managing director of SMS, says: “We’ve had many strong suggestions.

“There will be a meeting on Thursday morning where we will explore our options.

“I have no doubt that the head count will be less however at this point no decisions have been made.”