London – 21 April 2017 – UKCloud, the easy to adopt, easy to use and easy to leave assured cloud services company, can today reveal that it has received its first Queen’s Award for Enterprise for Innovation. The Queen’s Award for Enterprise scheme is highly competitive, rewarding businesses for outstanding achievements in International Trade, Innovation,…
In designing the new system, habito analysed hundreds of advice interviews in order to understand what consumers needed and what formed the basis of informative advice. As a result, the DMA’s chat-like interface provides an unbiased, conversational experience, without the need for lengthy in-person queues, waiting on hold or paying a premium for advice.
“Finding the right mortgage product in the UK is like finding a needle in a haystack. Britons are crying out for some innovation and clarity in an outdated and overwhelming mortgage market,” said Daniel Hegarty, CEO and Founder, habito. “Our digital mortgage adviser is a huge step forward in making mortgage advice accessible for consumers in the way they need it most: unbiased, always available and most importantly free.”
Habito’s digital mortgage adviser is a direct response to the FCA’s Financial Advice Market Review Report calling for greater, more accessible financial services advice for British consumers. Habito plans to roll out additional interactive features later this year, such as remortgage alerts, that will continue to optimise the mortgage application process for consumers across the country.
* According to an analysis of SVR mortgage holders by HSBC, Nov 2015: http://www.about.hsbc.co.uk/news-and-media