The number of live mortgage schemes available to IFAs has dropped for the first time in nine months, according to figures released today from Mortgage Brain’s Monthly Product Analysis.
The total number of live mortgage schemes listed on its market leading sourcing system dropped by four per cent during March, down from 4,876 (as of 1st March 2010) to 4,665 on 5th April 2010.
The slight decline, however, is easily overshadowed by the longer term analysis, which still paints a positive picture of the current UK mortgage market. Current figures are showing a healthy 51% uplift in overall product availability compared to this time last year, and a 63% increase compared to six months ago.
For full details of the analysis, click here.
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