Barclays has withdrawn selected market-leading products and is increasing rates by up to 30 basis points on 85 mortgages, with some deals moving above 5%. Other lender repricing and higher swap-rate commentary underline that borrowers nearing purchase, remortgage or product-transfer deadlines may face a narrower window than expected.
For advisers, the priority is disciplined pipeline management: revisit outstanding illustrations, rate-expiry dates and affordability headroom, while avoiding assumptions that today’s pricing will remain available. AI-enabled CRM workflows can flag expiring applications, prioritise clients most exposed to payment shocks and draft personalised—but adviser-reviewed—communications explaining options and risks.