To be fair the odds are stacked against first time buyers ever more than they have ever been.With wages falling and house prices rising, getting a deposit in place to qualify for a mortgage is a huge challenge. We firmly believe technology can play a big role here by giving us clearing insights into our overall affordability so e we can take actionable insights to get us on the property ladder.
Huuti works by accessing your data in read only and encrypted mode which means we can only view your data.Huuti then uses her smart AI brain to provide you actionable insights based on all the factors above.
Huuti is incredibly safe. We use Military grade encryption and extreme practices to ensure your data is always safe. No one can move your money or tamper with your data as your credentials are never stored on our servers. Personal and identifiable information is always removed. To access your data we use your bank's secure API or use Saltedge/Yodlee, whom are both world leaders in financial security.
Huuti will offer you fair financial or non financial products to reduce your costs or help you increase your current “deposit savings”. We will never sell or give out your data.
Huuti will get your Mortgage ready by helping you save up your deposit for your target property. Huuti will ensure you reduce your monthly costs and increase your monthly savings by switching you to cheaper products such as gas & electric, Phone contracts, Car finance . Huuti will be your credit guru and work with you to build up your credit file in line with Mortgage lender criterias.
Huuti allows you to plan with someone else. Huuti will take this into account when building up your property deposit and monitoring your Mortgage affordability.
Huuti will initially run a “soft credit search” which has no effect on your credit file. It can only be seen by you and not the lenders.We will always tell you first before running a “soft credit check”.