Twenty7Tec: Mortgage searches spike again
Twenty7Tec believe this shows that the ‘lull’ of week one seems to be over and searches have spiked again.
Data collected last week by Twenty7Tec outlined that the number of mortgage searches had dropped to its lowest level in six years.
Phil Bailey, sales director at Twenty7Tec, said: “As we predicted a few days ago, lockdown 3.0 and the New Year period merely meant some pent up demand.
“Yesterday was the fifth highest day for search activity on our platform and was at 98.13% of our highest day ever – 25th August 2020.
“When it comes back at the end of March, it is what it is.
“People are clearly not going to let it get in the way of their need to move home.”