Mortgage Market Report – June 2022

monthly-mortgage-report-june-2022

Twenty7Tec has issued its findings based on its mortgage platform data for June 2022.

The main findings include:

  • The purchase v remortgage balance again shifted slightly towards remortgages in June 2022
  • June 2022 first time buyer searches remained around their long-term average
  • June 2022 saw the four busiest days for green mortgages
  • June 1 saw the highest daily average combined salary year to date (our second- highest ever: £69,862
  • June 2022 was the third month on the trot where fewer mortgage products were available at month end.

James Tucker, CEO, Twenty7Tec said of the findings:

We saw fewer mortgage searches overall, and fewer products at month end – two trends that may well continue over the coming months. In better news, search data indicates that demand green mortgages are on the up – particularly among landlords who are reaping the rewards for investing in making their properties greener”

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