environmental issues have become a concern for all people globally and because of this there are policies and regulatory guidelines that have been set to govern the environment. These policies and guidelines have both negative as well as positive impacts on the performance of the company.

In the case of the mortgage industry environmental policies that have been set down to govern mortgages. Environmentalists are highly concerned with the areas in which the houses have been built. When purchasing a house using a mortgage it is highly important that the house is at a legible place whereby no disputes can arise later since this may be a loss to the company as well as the buyer. There have been many incidences in the recent past where people failed to adhere to the guidelines regarding environmental factors and suffered the loss of property after the government brought down the illegal structures.

Legal factors

Legal factors refer to the rules and regulations that are set in given country to govern operations in that country. Businesses are required to observe all the legislations that govern the way their activities and operations are carried out. If they fail to observe these rules then their businesses can be adversely affected. In the United Kingdom there have been many considerable legal changes that have affected operations of different firms including the mortgaging industry.

There have been different legislations that have been introduced that include age discrimination