Housing Demand Weakens as Tax Debate Grows
Property sales agreed have now fallen year on year for four consecutive months, according to TwentyCi, with August volumes down 6% compared with the same month in 2025. Other reports point to subdued buyer confidence, softer house prices and increasing lender rates. Berkeley Group has also called for property-tax reform ahead of the October Budget, […]
FCA Warning on AI Trust
The FCA says that 56% of surveyed 18- to 40-year-old current or prospective investors trust AI tools, yet 44% mistakenly believe AI-generated financial information is regulated. More than one in three respondents thought it was acceptable to make an investment decision solely from AI output, while around a third wrongly assumed Financial Ombudsman Service or […]
AI Workflow Gains in Mortgage Sourcing
Twenty7tec has integrated its mortgage sourcing capability into Fluxifi through an API, allowing advisers to access research within their existing workflow rather than moving between systems or duplicating information. The development directly addresses a recurring broker complaint: fragmented lender systems and poor communication can create unnecessary administration and force advisers to compensate manually. This is […]
Remortgage Boom Meets Rate Pressure
UK brokers report that remortgaging remains the dominant source of activity while purchase demand softens. Bank of England figures cited by Mortgage Strategy show net approvals for house purchase fell from 58,200 in June to 56,100 in July, while remortgage approvals increased. At the same time, major lenders have repriced upwards: Moneyfacts put the average […]