Where am I? 
Home remortgaging
remortgaging
The number and value of remortgages taken out in August increased by more than 30% on the same period of last year, as the market showed “welcome signs of life”, according to the CML.
David Finlay, intermediary channel director for Barclays, on why now is the time to talk to clients about remortgaging and how to effectively target that message.
The remortgage market showed signs of recovery after the Conveyancing Alliance reported a 48% increase in mortgage instructions, over the last quarter.
Other remortgaging articles
Broker confidence took a significant hit during Q2 of 2010, with two-thirds predicting business will either stagnate or fall in the next three months, according to L&G research.
House purchase lending increased 45% year-on-year in March, while remortgaging fell 29% annually, according to the CML.
Mortgage advisers predict a bumper Q2 as sentiment is buoyed by rising house prices, new lending and improving consumer confidence, research suggests.
The Council of Mortgage Lenders (CML) today reports the lowest monthly level of remortgage activity – both by number and value – in eight years of available data.
Consumer requests for mortgages have risen by 50% since January 2009, pointing towards increased activity in the mortgage market, according to Unbiased.
Consumers are increasingly looking for alternative to tracker mortgages, due to expectations of rate rises this year, according to research from Abbey for Intermediaries (AfI).
The number of mortgages approved by major banks in August is up by 81% over the past year, figures from the British Bankers' Association (BBA) show.
The number of mortgages granted in June was up 23% from the month before, new data from the Council of Mortgage Lenders (CML) shows.
Remortgaging advice searches on Unbiased.co.uk increased to 33% of all consumer requests in June.
Mortgage approvals hit their highest level since March 2008, according to the latest statistics from the British Bankers Association (BBA).
Previous Next 
Most read articles
Most commented articles
Ifaonlinejobs will open the right investment career path for you. Search hundreds of vacancies on www.ifaonlinejobs.co.uk now
Viewpoints
At the start of one of busiest times of year it is easy to think about all the obvious things...
In Focus
Transferring clients’ assets between organisations can be a major headache – often time...
Latest jobs
£25k - £30k + Excellent Bonus: Drew Chapman Search and Selection: Excellent opportunity for a part qualified IFA Sales Support Administrator looking for a position whereby they can assume further responsibility London
Coffee Lounge
Not only is there a huge selection of games but why not try your hand at our Daily Sudoku
sponsored by
The 50 best apps for advisers (part two)
Advisers face extra FSCS bill for £13m CfD failure
RBS pays out £500k after mis-selling annuity to dying man
HMRC extends higher-rate tax avoidance crackdown
FSA cautions on platform shareholdings