The number of mortgage schemes available to intermediaries has climbed to its highest level in over 18 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 mortgage sourcing system increased by 22% in the past month. Current figures (as of 31st May 2010) list 5,805, products (up from 4,753 on 5th May 2010) and bring the number of live mortgage schemes available to its highest level since November 2008, when figures stood at 6,899.
The year on year comparison continues to paint a positive picture of the current mortgage market with the latest figures representing a 103% increase in overall product availability compared to this time 12 months ago.
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