29 November 2019

Natwest to develop mobile mortgage product

Written By FinTech Alliance in Mortages

Natwest to develop mobile mortgage product

Natwest is developing a mobile mortgage product using distributed ledger technology.

In Brief:

  • Natwest will join a consortium of software firms to develop a home buying process that works via mobile.

  • The consortium includes Coadjute, Dezrez, Redbrick Solutions, eTech, Search Acumen, Conveyanching Data Services and LMS.

  • Distributed ledger technology will be used to develop the service, with each member of the consortium a specialist in a different tech field.

What does this mean?

As well as speeding up the process of buying a house through a secondary app, Natwest hopes to help make the process more transparent for the buyer.

Read more here.

 

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