Adviser Mortgage Search Activity in May Presents First Signs of Normalising Market

Adviser Mortgage Search Activity in May Presents First Signs of Normalising Market

After several months where advisers’ mortgage search activity has been dominated by a need to find suitable products for borrowers with financial complications, there are signs that the market is beginning to normalise, according to the latest findings from Legal & General Mortgage Club’s SmartrCriteria tool

Between April and May, searches for furlough friendly mortgages fell by 32 per cent. This is the second consecutive monthly drop, after a 40 per cent reduction between March and April. The volumes of searches for mortgages suitable for borrowers with unsatisfied defaults also continued to reduce (-2 per cent) and demand for mortgages for borrowers with unsecured arrears remained stable, month-on-month.
To continue reading this article please click here
Source: Property Wire


Get in touch with us

A chance to acquire a plot of just under two-thirds of an acre with demolition of the existing uninhabitable cottage and planning permission for two detached, two-storey dwellings with single garages. Alternatively a renovation of the existing dwelling. This is offered for sale through the Modern Method of Auction which is operated by Iamsold Ltd.

The way 25–34 year olds live in the UK has changed, but not as dramatically as often suggested. Homeownership is down slightly, while private renting has risen sharply, showing more of a delay than a decline in buying. These shifts shape demand in every local market, including Attleborough. Are there any surprises here?

Thinking of moving up the ladder in Attleborough but unsure if it’s still achievable? The gap between smaller and larger homes has changed, yet the real story lies in affordability, not just price. The numbers may surprise you… read the article to find out more.

Against a noisy global backdrop, the UK housing market has quietly surged, posting its strongest week for sales agreed in 45 weeks. Demand hasn’t vanished, it has sharpened. Well-priced homes are moving fast, while overpriced listings linger, making strategy and timing more critical than ever.