Published 3 days ago • loading... • Updated 1 day ago

Mortgage Searches Fall by 14.64% After Budget Shake Up

Twenty7tec’s latest data shows that November brought a clear pause in borrower behaviour, with many households and landlords waiting for Budget clarity before making new commitments. Total mortgage searches fell to 1,405,878, a 14.64% drop compared with October and 3.81% lower than last year. The slowdown was led by purchases. Residential searches fell to 1,167,382 – down 14.64% month on month and 2.91% year on year. Non–first time buyer residen…

This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

6 Articles

theintermediary.co.uk

Mortgage searches fall 14.64% as market reacts to Budget changes

Twenty7tec has reported a significant drop in mortgage search activity in November, as borrowers waited for Budget clarity and paused purchase plans. Total searches reached 1,405,878, down 14.64% compared with October and 3.81% lower than a year earlier. Purchases saw the sharpest decline. Residential searches fell to 1,167,382, a 14.64% monthly drop and 2.91% year on year. Non–first time buyer purchase searches were down 17.01% compared with Oc…

3 days ago

Read Full Article