Here are some background articles on how the mortgage market is failing the young and entrepreneurial, machine-learning in financial services and the world of banking. You can read some of our thoughts here.
Together – Specialist mortgages to triple by 2030, driven by shifts in working and living patterns
Systemic issues with the mainstream mortgage process currently bar many potential buyers with non-standard criteria.
FT – Third of mortgage applicants rejected
November 4 2021 – Mortgage rejections and the disproportionate problems the self-employed have in applications
11FS – Why are mortgages broken and confusing?
14th May 2019 – A general survey of the UK mortgage market and it’s inefficiencies
Times – Why thriving entrepreneurs find it so hard to get a mortgage
14th September 2019 – The Times chronicles the problems entrepreneurs face in the mortgage market
FT – Millennial movers: how young tech tycoons are shaking up the prime housing market
2nd September 2019 – Buyers flush with tech fortunes are changing the face of high-end property
Guardian – Young Britons believe dream of owning home is over, survey says
31st Jul 2019 – Survey suggests only a quarter of under-34s could own a home by 2026
Centre for Policy Studies – ‘Resentful Renters’ failed by the mortgage market
22nd December 2019 – The Centre for Policy Studies – Graham Edwards ex-CEO of a large property company describes a generation of ‘Resentful Renters’ and suggests long-term fixed-rate mortgages as the solution
McKinsey – The last pit stop? Global Banking Annual Review 2019
October 2019 – 60% of banks are destroying value and a wave of failures and mergers are coming for them; only the small, nimble and innovative will thrive
Bank of England / FCA – Machine learning in UK financial services
16th October 2019 – A report describing how the application of machine learning methods has the potential to improve outcomes for both businesses and consumers.