Barclays is set to launch a Fast-Track Remortgage service for eligible switchers, with reports suggesting an offer could be issued within 24 hours and completion achieved in as little as five days. Gatehouse has also introduced fee-free refinance products, adding to competitive pressure in a market where many borrowers face higher payments at maturity.
Automation can shorten document collection, case triage and lender-criteria matching, helping advisers respond before a client defaults to a product transfer or misses a rate window. However, speed must not displace good outcomes: advisers should retain evidence of affordability, objectives, alternatives considered and vulnerability checks. AI-led workflows should flag exceptions and prompt review rather than automatically determine the recommended course of action.