More than one million homeowners who took out mortgages in 2024 are expected to roll off two-year fixed deals, with Compare the Market data pointing to an average monthly repayment increase of £283. For advisers, this creates a substantial remortgage and payment-shock planning opportunity.
Mortgage Strategy also highlights growing interest among younger adults in using AI for mortgage advice. AI tools can help firms identify clients approaching product expiry, model repayment scenarios and prioritise proactive contact, but they should support—not replace—suitability assessments, clear disclosures and regulated advice. Advisers should ensure any AI-led communications are accurate, explain assumptions and route complex cases to qualified staff.
