Protection Data Opportunity—and Duty
The FCA says around 58% of adults have no life, critical-illness or income-protection cover, and is working with industry, government and consumer groups to improve coverage. The Association of Mortgage Intermediaries is expected to lead work helping advisers improve protection conversations, while the FCA has signalled interest in innovation and a protection-focused TechSprint. This creates […]
Landlord Advice Enters New Phase
Fleet Mortgages has introduced Renters’ Rights Act resources for brokers as landlords adjust to the legislation. Industry reporting also points to rising buy-to-let remortgage activity, with portfolio landlords navigating higher costs, changing possession rules and operational uncertainty rather than necessarily leaving the sector altogether. For advisers, AI-assisted portfolio reviews could help organise expiry dates, rental-income […]
Score Signals Mortgage CRM Shift
Acre has rebranded as Score, marking the next stage of ClearScore’s expansion into mortgages and an accelerated technology roadmap. Separately, The Mortgage Hut has adopted Instamo’s FastSubmit tool, designed to populate decisions in principle and full applications using data already held in the case. These developments underline how mortgage technology is moving beyond lead management […]
Mortgage AI Needs Human Control
A reported case in which a chatbot told a mortgage borrower that a payment holiday would not affect their credit score highlights a central risk in adviser AI adoption: plausible-sounding answers can still be wrong. Payment arrangements, credit-file impacts and lender treatment vary by circumstance, product and firm policy. AI can be valuable for meeting […]
Rate Volatility Tests Broker Tech
HSBC and Clydesdale are set to increase mortgage pricing, following rate rises from Barclays and Halifax, while Santander is cutting selected residential fixes but withdrawing some products. With the Bank Rate held at 3.75% and inflation reported at 3.1%, advisers face a fragmented pricing environment rather than a clear directional market. For advice firms, the […]