United KingdomFinance and insurance2024 – ongoingNottingham Building Society
IDI mortgage origination and underwriting
Nottingham rolled out an AI mortgage platform able to assess around 20,000 data points in real time
Problem
Nottingham wanted to reduce delays in mortgage applications and document checks. It also sought to serve borrowers with complex financial circumstances.
Approach
Nottingham built its IDI broker portal using MQube's Origo technology. Live trials with London & Country began in late 2024 and continued into the first half of 2025. The society then opened the platform to all brokers for residential applications. AI and machine learning supported document validation and affordability checks.
Results
Takeaway
The initial rollout covered residential applications. Other mortgage categories remained part of a phased integration.
Categories
- Industry
- Finance and insurance
- Business function
- Finance, risk and legal
- Innovation type
- Process innovation
- AI technology
- Predictive analytics and ML
- Adoption
- Vendor solution
- Evidence
- Company's own claim
Sources
Source summaries
Nottingham announced the broker-wide launch following live trials with London & Country. It described automated document and affordability checks and the platform's data-processing capacity. It did not provide a measured before-and-after decision-time result.
Full details are in the original sources.