Month: October 2026

Mortgage businesses must focus on customer outcomes, governance and end-to-end processes when adopting artificial intelligence (AI), industry leaders told delegates at MIT Live 2026. Speaking during a joint case study session, The Decision to Depend on AI, Jamie Lawless, co-founder and chief executive of LendWell,…

The post MIT Live: Mortgage firms urged to put business needs at the heart of AI adoption appeared first on Mortgage Strategy.

West Brom Building Society has launched a range of mortgage products designed to support first-time buyers, home movers and remortgage customers. The launch includes a new 95% loan-to-value (LTV) core purchase mortgage, available at 5.72% with no product fee. The society has also reduced rates…

The post West Brom launches low-deposit and flexible mortgage options appeared first on Mortgage Strategy.

ModaMortgages has launched a limited edition range of two- and five-year fixed rate products. The limited edition range features two-year fixed rates from 4.14% and five-year fixed rates from 5.14%. It includes products suitable for single dwelling properties, as well as houses of multiple occupancy…

The post ModaMortgages adds BTL limited edition range appeared first on Mortgage Strategy.

The UK economy is set to grow by 1.3% this year, up from the previously predicted 1% in July, according to forecasts from the International Monetary Fund (IMF). While the IMF has increased its growth forecast for this year, it expects to slow in 2027…

The post UK economy to grow more than expected this year, before slowing in 2027: IMF 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.

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.

Leek Building Society has reduced rates across its residential mortgage range by up to 0.64%.

The post Leek BS cuts resi rates and launches 95% LTV cashback deal appeared first on Mortgage Solutions.

Later life mortgage lender Pure Retirement has introduced interest servicing across its Emerald lifetime mortgage range.

The post Pure Retirement introduces interest servicing to Emerald range appeared first on Mortgage Solutions.

West Brom Building Society has launched a new 95% LTV mortgage.

The post West Brom BS launches low-deposit options and cuts rates appeared first on Mortgage Solutions.

Rightmove is launching an AI tool to allow home movers to compare multiple properties side by side. The Comparison Assistant will allow users to ask questions about individual homes, their features and nearby amenities. Home movers will be able to compare properties against their own…

The post Rightmove launches AI tool to help home movers compare properties appeared first on Mortgage Strategy.