Industry figure reveals positive 2025 predictions for advisors

December 12, 2024 by Heidi

Property Market

One of the leading figures in the UK financial sector has revealed his predictions for the mortgage industry next year, and his prognosis for advisors is a largely positive one.

Adrian Moloney works for OSB Group as its group intermediary director, and he revealed his forecast for 2024 in the company’s most recent report. Among other things, he stated that he expects the upcoming year to provide mortgage advisors and those looking to borrow with new opportunities. He went on to cite a number of areas within the market where he believes those opportunities will open up.

Moloney is forecasting a rise in the number of people looking to buy a first home next year, as well as an increase in rate rolls. He is also expecting the number of people who seek out the help of a qualified mortgage advisor to go up. This would make sense, as first-time buyers are particularly inexperienced when it comes to the housing and mortgage markets.

According to Mortgage Strategy, Moloney pointed out in the report that millions of people would be hit with increased mortgage payments. He argued that this rate rolling will continue during the first part of next year. He then went on to add that:

“By assessing which clients are best suited for refinancing or product transfers, brokers can continue to position themselves as trusted advisors in an uncertain market.”

This report offers those with CeMAP mortgage advisor training a positive outlook for the year ahead, as well as a roadmap for future success.