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Anti-money laundering firm SmartSearch has launched SmartDoc, a technology tool that authenticates paper documents used in the real estate, legal and financial services industries. The Leeds-based company, founded in 2005, says the product combines state-of-the-art facial identification technology and machine learning interrogation to check whether these the documents are “authentic and unaltered”. Organized crime gangs …

Wayhome has started buying properties through what he calls a ‘phased homeownership’ model using £ 500million in funding provided by pension providers. The scheme is an alternative to traditional condominiums, but it allows buyers to purchase homes with a 5% down payment and it is not limited to new construction. Wayhome says the program allows …

Tipton & Coseley Building Society has increased its maximum LTV for raising capital to 80%. The higher LTV threshold applies in cases where the borrower does not use the released money for commercial purposes. Money raised can be used to improve the home, buy additional land, buy freehold, extend a lease, pay off an equity …