A digital mortgage platform from fintech businesses ClearScore and Koodoo in partnership with Santander seeks to help customers better understand the pros and cons of remortgaging with their current lender or switching to a new one. If users choose to switch to a new Santander product they can do so online in five minutes. The development comes as the Financial Conduct Authority (FCA) has been calling on the industry for more innovative ways to help consumers compare products and assess eligibility. ClearScore co-founder and CEO Justin Basini said: “We have been able to develop a market-first innovation that will simplify the remortgage process . . . But this is just the beginning; we are excited to broaden our remortgage offering even further to help more people make the right financial decision for them.”
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Providing insight into technology and innovation in the legal, accountancy property and consultancy sectors. Alternative Insights brings together news, commentary and thought leadership about digital transformation across the entire professional services industry. We collate industry stories on innovation, technology and transformation in the legal, accountancy, management and property consultancy sectors, giving you access to the latest thinking about tech and innovation in the professions.
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