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Industry reacts to disappointing yet inevitable base rate rise – Mortgage Strategy

While coming as little surprise to most, today’s base rate rise to 4.25% has still been met with disappointment, along with some resignation as to the predicted direction of travel. The general feeling is that, although less than the 50 basis points rise seen in February, a rise was inevitable given the inflationary

City ofUnited kingdomAvinav nigamRob cliffordJohn philipsReece beddallRachel springallJeremy leaf

BoE base rate rise expected but huge disappointment to housing market ‒ analysis

BoE base rate rise expected but huge disappointment to housing market ‒ analysis
mortgagesolutions.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagesolutions.co.uk Daily Mail and Mail on Sunday newspapers.

City ofUnited kingdomBrian murphyAndrew montlakeRob cliffordMatt smithJohn philipsMortgage advice bureauOffice for budget responsibilitySpring budgetBudget responsibilityJust mortgages

Stonebridge launches new AI functionality to further support ARs when advising customers with vulnerability

In May 2022, the FCA reported 47% of UK adults showed one or more characteristics of vulnerability, up from 46% in February 2020, which equates to an increase

United kingdomRob cliffordVulnerable customerChief executiveConsumer duty

Stonebridge launches new feature to help vulnerable customers – Mortgage Strategy

Stonebridge has launched new functionality in its wholly-owned trading platform, Revolution, that will help advisers identify and support vulnerable customers. Working as a series of prompts for appointed representative (AR) firms and advisers to follow, Revolution will look for and highlight any signs of potential

United kingdomRob cliffordConsumer duty

AI-based vulnerable customer identification tool launches

Mortgage and insurance network Stonebridge has unveiled a new functionality to help advisers and appointed representative (AR) firms identify vulnerable customers, in line with Consumer Duty requirements.

United kingdomRob cliffordFinancial conduct authorityConsumer dutyVulnerable customer guideFinancial conduct authority

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