Mortgage sources leap in January - Trigold

Mortgage sources performed on Trigold's Prospector system rose by 50% in January, according to the latest figures from the software provider.

The figures, which were constructed from data on Trigold's mortgage sourcing system in January, suggest broker market activity is growing as intermediaries are now using the system to source a mortgage every second.

There has also been a 34% increase in the cases which are sent through the company's E-Trading Centre, a portal which is designed to make sending mortgage applications quicker and easier.

David Aylmer, business development and marketing director at TrigoldCrystal, says: "Brokers are sourcing more and more and this activity is resulting in a huge rise in applications going through the system. It is reassuring that business levels are rising in the industry."