Future of house buying from leading experts, home buying advice
Future of house buying advice from leading experts
3 February 2022
Round-up reveals the future of house buying from leading experts
In its second annual round-up, titled ‘The Future Demands Anthology’, leading mortgage technology provider, Twenty7Tec, reveals the insights, future predictions, and pandemic-spurred challenges from a diverse range of experts in the house buying sector, and highlights how top players in the sector plan to adapt to the major challenges ahead for our industry and society: post-covid life, net zero and with the increased use of technology.
Despite the global uncertainty due to the Coronavirus pandemic the house buying industry embraced technology in a critical move which helped to stabilise the economy and meet demand in one of the busiest years on record. The report highlights the need for the mortgage and housing industries need to capitalise on that momentum.
There are 15 leading experts featured in the Twenty7Tec round-up, including Esther Dijkstra the Managing Director of Intermediaries at Lloyds Bank, who shares her plans and ideas for the future and advances in data-driven decisions for customers. She says:
“Technology and data advances are helping to progress many exciting aspects of the housing market, driven by customers wanting certainty sooner.
“Ultimately, we may even see people being ‘headhunted’ for their dream home by a lender or broker. It’s easy to imagine a model reversal where banks come to customers with their house buying opportunities based on that customer’s dream location and affordability.”
As the housing industry is responsible for over 20% of emissions, net zero and going green is another huge talking point in the round-up, experts pose both possible solutions and concerns. Katie Davies, Executive Director of IMLA, says:
“It will be the role of Government and energy suppliers to roll out large-scale projects, which will replace traditional fuel and energy sources with renewable or more sustainable ones. But we as individuals will increasingly be expected to do more to reduce carbon emissions from our homes. There is huge scope here for lenders to step in and help those who don’t have immediate access to cash to carry out the necessary improvements.”
The other leaders quoted are; Charles Roe the Director of Mortgages at UK Finance, Robert Sinclair the CEO of Association of Mortgage Intermediaries, Richard Walker from Virgin Money, Noreen Biddle Shah from reboot, Niki Cooke from Twenty7Tec, David Plumtree from Connells Estate Agency, Maria Harris from the United Trust Bank, Andrew Montlake from Coreco, Stephen Smith from Twenty7Tec, Charlotte Harrison from Skipton Building Society, David Lawson-Shah from Alexander Hall, Mark Cunningham from WhenFresh and Nathan Reilly from Twenty7Tec.
James Tucker, founder and CEO of Twenty7Tec, which through its CloudTwenty7 platform makes the process of searching for and obtaining a mortgage simpler faster and more efficient said:
“It’s been wonderful to bring together so many insightful and diverse thinkers from our wider home-buying sector, I’m really excited to see their words come to life.
“It’s truly fantastic how the industry overcame such huge challenges last year and embraced technology to not only survive but to thrive in one of the busiest years that we’ve known. However, we need to keep up the momentum and become the best version we possibly can be, now isn’t the time to be complacent as there are new challenges to face.”
To access the full round-up please visit https://www.twenty7tec.com
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