Afterburner AI does deals to cover 60% of mortgage advice industry

Afterburner automates many of the admin tasks that take up mortgage advisers’ time, including mortgage recommendations, analysing business statements, bank handover forms, compliance documentation, client notes, drafting mortgage application and communication with clients and banks.

Co-founder Geoff Christopher, who is also a financial adviser at Float Mortgages, said demand for advice would increase as the economy improved and AI tools would help the industry respond more effectively.

He said Afterburner was born out of the pain points that he could see in his own business.

“There’s so much repetitive administrative-type stuff, the same thing you’re doing over and over again.