Why Silicon Valley is the real threat, not ‘digital’ brokers
Consolidation in the digital mortgage space has spiked in recent months as larger companies buy up the technology to service their own customer bases. Having attracted some hefty investments over the last year too - most notably the in August 2020, how much of a threat are these digital brokers?On this week's FTAdviser Podcast, reporter Ruby Hinchliffe is joined by Charlotte Nixon, mortgage adviser and protection proposition director at Quilter, and Billy Grimley, chief commercial officer at Smartr365.They discuss whether the rise of digital brokers is good for the mortgage industry, how big…
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