Related topic: Technology

The pilot has been extended with seven new brokerages ahead of a full launch.

The new tech implementation aims to speeds up handling times by up to 30%.

More intermediaries now have access to the bank’s off-the-shelf product range.

Proposals to introduce digitalised upfront information received widespread industry support.

The reforms will cut buying times by around four weeks and save first-time buyers an average of £650.

Nathan Reilly, chief customer officer at Twenty7tec, explores how technology is becoming a more important part of helping advisers manage changing market conditions.

The latest update helps advisers move more seamlessly between client management and financial planning activities.

The tech creator says the portal uses AI to handle case files and client data securely.

Brokers point to document submission and complex cases as areas where technology could streamline the mortgage process.

The AI tool has been developed with compliance expertise from Simplybiz and threesixty, and will assess advice quality as well as flag up files which may need extra oversight.