Demand for an outside the box approach from lenders has been a common thread throughout the survey, with many brokers looking for greater storybook lending. 

Selected 85% and 90% LTV two and five-year fixed rates have increased by up to 0.15%. 

The highest perceived benefits are in data and analytical insights, anti-money laundering (AML) and combating fraud, and cybersecurity. 

The AI chatbot answers criteria queries instantly from internal staff, brokers and customers.

KSEYE’s Lite products are now also available for properties in major UK cities, alongside London and home counties.

The lowest rate on offer is now a five-year fixed rate remortgage at 4.17%.

The lender has also holding rates across the range.

The new criteria enhancements cover residential and buy-to-let applications.

The improvement enables customers to purchase a property below market value. 

Ben Waugh, managing director of more2life, says a revolution has begun and is continuing in the later life lending product space.