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Mortgage brokers have little to fear from AI, says Mortgageforce boss

Mortgage brokers should embrace artificial intelligence rather than fear it will ultimately replace them, Mortgageforce managing director Kevin Duffy has told advisers. Speaking at the Mortgageforce conference in Ibiza Duffy predicted that the rapid expansion of AI would eventually encounter a significant setback that forces...

Waiting for completion causes greater anxiety than saving for a deposit

Delays towards the end of the homebuying process are a greater source of anxiety for first-time buyers than saving for a deposit, according to research from LPL. The firm's First Time Buyer Anxiety Report found that almost a third of first-time buyers experience increased anxiety...

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New development finance deal from Regentsmead

Regentsmead has launched a new development finance product. The annual interest rate of 9% is...

Fortis opens second office

Insurance firm Fortis (Insurance, UK) has opened a second office in Tollgate, Chandlers Ford...

Flood of properties onto market

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Asset manager signs up to xit2 portal

Xit2 says Asset 1st has become the first asset manager to use its recently...

Industry figures complete charity cycle ride to Santander

Ben Thompson, director, mortgages at Legal & General and four other cyclists completed their...

Dewar to quit FSA

Sally Dewar, FSA board member and managing director of Risk, is to leave the...

Y3S unveils mortgage broking service – for advisers

Y3S Group has launched Y3S Mortgages, a whole of market mortgage brokering service for...

L&G Network launches iPhone app

Legal & General Network has launched a mortgage sourcing iPhone 'app' for its mortgage...

Housing market unmoved by coalition government

The May Housing Market Report from the National Association of Estate Agents (NAEA) has...

AEGON offers business protection toolkit

AEGON has produced a range of online support material to help advisers understand the...

FTB crisis not alleviated by interest rate environment

Spicerhaart says that lower interest rates are actually doing little to address the first-time...

YBS 10-yr fix now 4.99%

Yorkshire Building Society has cut 0.30% off its 10-year fixed rate mortgage deal for...

Latest articles

Mortgage brokers have little to fear from AI, says Mortgageforce boss

Mortgage brokers should embrace artificial intelligence rather than fear it will ultimately replace them,...

Waiting for completion causes greater anxiety than saving for a deposit

Delays towards the end of the homebuying process are a greater source of anxiety...

Leasehold delays put Christmas property completions under pressure

Homebuyers hoping to complete before Christmas face increasingly tight deadlines, with leasehold transactions and...

Conveyancing firms warned over risks of uncoordinated AI adoption

Conveyancing firms risk undermining the benefits of artificial intelligence unless they address weaknesses in...