Smoove Start digital onboarding platform launches to help estate agents and their clients streamline and speed up administrative tasks involved in a property transaction. The platform collates all key tasks under one roof when onboarding a new buyer or seller, including ID and AML checks, EPCs and title deeds.
Santander launches comprehensive home and mortgage management tool on borrower app. It will allow customers to see their home value estimate and mortgage balance to enable equity growth checks every three months; provide a view of their Energy Performance Certificate (EPC) rating and help arrange home repairs or improvements.
Nationwide integrates with Twenty7Tec resulting in 95% of the client’s data being transferred from the broker’s customer relationship management (CRM) platform allowing advisers to receive a faster decision in principle (DIP) from Nationwide.
75% of UK banks will invest in tech to combat costs with 79% prioritising investment in cloud technologies, 69% are focusing investment in payments, and 66% on APIs, data science, and AI learning – Lloyds Bank Research.
Aklimate launches free retrofit calculator to assist green-focused homeowners. It uses government data to collate a property’s current EPC rating and any measures which can help improve this, combined with information from Habito on how much this could cost.
The conveyancing sector needs a greater commitment to digitalisation with an average maturity score of 43% in a recent survey (rising to over 80% for smaller firms), despite benefits seen with digital signatures to sign Land Registry and mortgage deeds for example – Beth Rudolf, Conveyancing Association.
ChaseBlue fights mortgage fraud with integration of Nivo and OMS providing ID verification, secure communication and document transfer systems into their everyday customer onboarding processes.
Mortgage providers need to go digital or go home claims a report showing that only 42% of house buyers are happy with their service. A lack of digital service was reported by the broker (31%), estate agent (32%) and conveyancer (30%) – Somo.
