Natwest to develop mobile mortgage product

November 29, 2019 | Mortages
Written by FinTech Alliance

Tags

NatWest
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.

 

More in Mortages

Banks report last minute surge in help to buy ISAs
Mortages
November 29, 2019

Banks report last minute surge in help to buy ISAs

With the deadline for new accounts Saturday 30 November, there has been a last minute surge in help-...

Sainsbury’s plans changes to banking arm
Mortages
September 09, 2019

Sainsbury’s plans changes to banking arm

The grocery giant is looking to overhaul its banking business which currently makes a loss. In Br...

Tesco Bank mortgages worth £3.8bn bought by Lloyd’s  
Mortages
September 06, 2019

Tesco Bank mortgages worth £3.8bn bought by Lloyd’s  

Lloyd’s Banking Group has purchased Tesco Bank’s mortgage portfolio. In Brief:...

There are no Knowledge Bank in this category

There are no Events in this category