Protection Focus Intensifies Under Consumer Duty
The FCA is working with industry, government and consumer groups to expand protection coverage, noting that around 58% of adults have no life, critical illness or income protection. The regulator has also said it will work with the Association of Mortgage Intermediaries to help advisers improve protection conversations, while mortgage-sector commentary highlights unemployment and income […]
AI in Mortgages: Security, Auditability and Oversight
Mortgage technology provider Phoebus Software has renewed its SOC 2 Type II attestation following an independent assessment of controls over a 12-month period. Separately, US mortgage technology coverage highlighted an AI underwriting certification focused on governance and auditability, signalling the direction of travel for automated lending tools. For UK adviser firms, the practical lesson is […]
Low-Deposit Lending Expands, But Affordability Matters
The value of new mortgages written with deposits below 10% rose 38% to £24.7bn in the year to 30 June 2026, according to TWM Solicitors analysis. Product innovation is also continuing, including Gable’s 100% LTV range and reported plans for a 2.5% deposit equity-loan scheme for eligible first-time buyers in England. The opportunity for advisers […]
Mortgage Rates Near 6%: Advice Workflow Priorities
Average fixed mortgage pricing continues to move higher, with Moneyfacts data placing the typical two-year fix at 5.92%, up from 5.84% a week earlier and at its highest level for more than two years. Further repricing by major lenders has heightened the risk that clients delaying decisions could face a narrower or more expensive choice […]