Related topic: Technology

The Coalition says delays, gazumping and mortgages-in-principle could all be significantly reduced or even eliminated.

The enhancements include expanded product data, advanced modelling tools and improved API access.

55% of advisers say they are very or somewhat likely to change their AI tools in the next 12 months. 

Despite financial services performing better than the average in these areas, the research found that a “maturity gap” still exists.

Pivotal will adopt the AI-powered technology to implement audit-ready client file reviews.

The new feature reduces the time it takes to underwrite a mortgage by 25 minutes per case.

58% of consumers said they would prefer to receive mortgage advice from a human adviser.

The new tool enables brokers to type questions and receive policy-accurate answers in seconds.

Credas provides services to estate agents and conveyancers, covering 60% of ID checks on UK housing transactions.

Ifthikar Mohamed, co-founder of MortgagX and Wis Mortgages, explores how AI is transforming the work of UK mortgage brokers, reducing admin time, improving compliance, and helping...