Five in a row for monthly product increases

The latest figures from Mortgage Brain’s Monthly Product Analysis show further encouraging signs for UK brokers as it reports that the number of mortgage products has increased for the fifth month in a row.

A 13% increase in product availability was seen during April to bring the total number of live mortgage products listed on its market-leading sourcing system to 11,748 (as of 2nd May 2011) – it’s highest since September 2008.

The consecutive increases in product availability over the past five months continues to shape a positive outlook on the longer term analysis where the current figures now represent a 54% increase compared to this time six months ago and a 142% increase compared to this time last year.

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Mike Raybone
Chartered Marketer and emarketing specialist

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