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

First Name

Last Name

Your Email Address

Mobile Phone

Are you looking to

Buy

Sell

Rent

Let

Please enter message here

Please confirm that it is okay for us to contact you about this information as well as products and services. (You will always be given the right to unsubscribe at any point in the future)

Confirm

1 in 7 Attleborough Home Sellers Lower Their Asking Price Every Month

Did you know that 1 in 7 Attleborough homeowners reduce their asking price every month? With the number of Attleborough homes for sale rising sharply in recent years, understanding how to strategically position your home is more crucial than ever. Discover the 6 key insights to decide if you need to reduce your asking price and sell faster.

CLICK HERE >

The Hard Truth About Attleborough’s Young: Where Do They Live and What Does the Future Hold?

It’s no secret that the younger generation in Attleborough is finding it tough to get onto the property ladder. With the rising cost of living, stagnating wages, and stricter mortgage criteria, it's no surprise that fewer under-34s are becoming homeowners.

CLICK HERE >

ATTLEBOROUGH Property Market Review: The October 2024 Update

Attleborough homeowner? Curious about the trends in the Attleborough's property market? One measure is the average price paid for homes bought and sold in Attleborough in the last 12 months, on a rolling month by month basis.

CLICK HERE >

Welcome back to news of Attleborough's property market

Welcome back to news of Attleborough's property market, where each week I bring you different local property market stats and trends. This week I am back again with the September’s £/sq.ft statistics.

CLICK HERE >