The interim document of the Mortgage Rule Review (MRR) will be published before Christmas, according to the Financial Conduct Authority (FCA). The MRR is a broad FCA initiative to revamp the mortgage market, aiming to simplify the process of homebuying and getting a mortgage and… The post MIT Live: Interim Mortgage Rule Review here by Christmas, says FCA appeared first on Mortgage Strategy.
Well done to the Mortgage Up and Mortgage Futures Network team! Both teams were challenged to tackle one of the mortgage industry’s biggest questions: how do we attract, develop, and retain the next generation of mortgage talent? The ideas that came in were creative, practical,… The post MS NextGen Future of the Mortgage Industry Challenge – winners appeared first on Mortgage Strategy.
Pure Retirement has launched interest servicing across its Emerald lump sum and drawdown lifetime mortgages. The launch offers a discounted interest rate for customers making monthly payments of at least 25% of the monthly interest. Customers can stop making monthly payments at any time, for… The post Pure Retirement launches interest servicing across Emerald lifetime mortgages appeared first on Mortgage Strategy.
Mortgage firms risk becoming hooked on artificial intelligence (AI) tools before finding themselves exposed to rising costs, a roundtable at Mortgage Strategy’s MIT Live 2026 has heard. One attendee compared the business model behind AI to that of “a heroin salesman”, warning that providers could… The post MIT Live: Beware ‘heroin salesman’ AI tactics, firms are warned appeared first on Mortgage Strategy.
Brokers’ use of free AI tools such as ChatGPT presents a “colossal disaster waiting to happen, Instamo founder Freddie Savundra warned in a panel debate this morning. Speaking at MIT Live 2026, Savundra said that rather than waiting for upgrades to their customer relationship management… The post MIT Live: Brokers’ use of ChatGPT ‘colossal disaster waiting to happen’ appeared first on Mortgage Strategy.
LHV Bank has appointed Damian Thompson as chief executive officer and executive director. He will join the bank on 4 January 2027, subject to regulatory approval. He will lead the next stage of growth for the digital-first bank, with a focus on expanding lending, particularly… The post LHV Bank appoints Damian Thompson as CEO appeared first on Mortgage Strategy.
Almost eight in 10 (81%) of those renting or with a mortgage are without income protection insurance cover, Shepherds Friendly survey reveals. The survey of 2,000 UK adults found that 44% of those without income protection have children under the age of 17 and 28%… The post Eight in 10 renters and homeowners are without income protect: Shepherds Friendly appeared first on Mortgage Strategy.
AI mortgage technology company LendWell has signed a multi-year agreement with SPF Private Clients (SPF). LendWell is working with SPF to implement the platform around its operating model, systems and requirements across mortgage and protection. LendWell will put AI to work across SPF’s mortgage and… The post LendWell lands SPF Private Clients deal appeared first on Mortgage Strategy.
Londoners are the UK’s most frequent users of AI for personal finance but have the lowest confidence in using digital financial tools, according to research from Lloyds Banking Group. The findings could have implications for the mortgage market, as households increasingly use digital tools to… The post Londoners turn to AI for financial advice but remain least confident, Lloyds finds appeared first on Mortgage Strategy.
Almost one in 10 homes currently listed for sale in London would have fallen within the scope of the government’s mansion tax had the threshold been reduced from £2m to £1.5m, Yopa research reveals. Yopa’s research shows that, across England, just 11,848 of the 792,456… The post Mansion tax u-turn spares one in 10 London homes: Yopa appeared first on Mortgage Strategy.
