Mortgage product numbers exceed 10,000

Figures released today from Mortgage Brain’s Monthly Product Analysis has shown that the number of mortgage products available to UK mortgage intermediaries has broken the 10,000 mark.

Over 500 new products were introduced during March 2011, representing a 5% increase in product availability and bring the total number of live mortgage schemes listed on Mortgage Brain, the market-leading mortgage sourcing system, to 10,418 (as of 4th April 2011).

The latest figures now show a 123% increase in product availability compared to this time 12 months ago when brokers had access to fewer than 5,000 products (4,665).

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Mike Raybone
Head of Marketing and Operations

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