Mortgage technology provider Monicio has launched an AI-powered CRM designed to automate administrative work while leaving advisers responsible for advice and client relationships. The platform uses artificial intelligence and workflow automation for tasks including document review, identifying missing information, supporting completion of fact finds and...

HSBC has changed its residential lending criteria for new-build buyers who part exchange their existing property with a developer. From 1 October, the lender will treat a part-exchange arrangement as a financial incentive worth up to 2% of the new property's purchase price. The change affects...