Page 8 - Future Demands Jan 2021

FUTURE DEMANDS
THE YEAR IN DATA
Total Searches 2020 and Q1 Prediction
500,000
450,000 400,000 350,000 300,000 250,000 200,000 150,000 100,000
50,000
0
Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
2019 2020
In 2020 the CloudTwenty7 platform by Twenty7Tec processed over 17 million searches, revealing a very bumpy and busy ride for the UK mortgage industry!
As those who follow Twenty7Tec’s monthly data reports will know, the mortgage industry achieved both record highs and lows in 2020, and now tracks towards a positive Q1 in 2021.
2021
In a market that goes way beyond upfront eligibility, instant decisions, and speed to completion, the way both lenders and brokers have collaborated is highly impressive, and is the catalyst for the positive future projection.
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