Related topic: Technology

Fraudsters may try to sell the home to an unsuspecting buyer, take out a mortgage secured against it, or transfer ownership using forged documents.

The ‘do not plan to use AI’ group seen in 2025 no longer exists, with 99% believing it will be positive for the industry.

The six digital sessions will take place across three days in July.

The firm's group chief product officer and chief operating officer have stepped up to the shared role.

Richard Howes, managing director at Paradigm Mortgage Services, says information is becoming easier to access, but trust remains difficult to automate.

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.