Mortgage pricing remains unsettled. NatWest, TSB, Santander, Clydesdale, Barclays, Nationwide and Virgin Money have all featured in recent repricing activity, with some lenders raising rates while others selectively cut products. Moneyfacts reported average two- and five-year fixed rates close to 6%, while higher gilt yields and swap-rate uncertainty continue to influence funding costs.
For advisers, the practical issue is operational speed as much as rate selection. Lender deadlines, withdrawn products and platform outages can materially affect client outcomes. AI-supported monitoring can help teams track product changes, flag cases exposed to an expiring illustration or rate deadline, and prioritise client contact—but advisers should verify live lender terms and retain clear records of the recommendation rationale.