New Purchase Searches Increase by Almost 20%

Mortgage27 announce that searches through their mortgage sourcing tools for new purchase mortgages, rather than remortgages, have increased by almost 20% since July 2010.

Related topics:  Mortgages
Millie Dyson
6th January 2011
Mortgages
During July 2010, 63.99% of the total monthly searches across the range of mortgage27 systems were for new purchases, but this had risen to 80.49% by 31st December 2010. Mortgage27 systems allow customers to search for mortgage products on brokers and third parties web sites.

James Sadler MD of Mortgage27 says:

“This is very interesting news, and shows that we are now seeing signs of more people looking to move, which will hopefully give the mortgage industry a positive start to the New Year”. Sadler continues, “Our systems are creating quality leads for hundreds of brokers across the country.

"We have had a magnificent 2010 and are looking forward to an interesting 2011. We are currently developing other financial products, in addition to mortgages, and creating some exciting possibilities for the future, as the online space continues to develop”
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