Broker-only mortgage product numbers climb again

clock

The number of intermediary mortgage products rose by 7% from 2,063 in September to 2,203 in October, according to the November Trigold Product Index.

The November Index, which was constructed from data on Trigold's mortgage sourcing system in October, suggests product numbers have now stabilised over the past quarter. Although numbers are down by 95% from Oct 2007, direct only products saw a decrease of just three products in October from 1,223 in September to 1,220 in October. David Aylmer, marketing and business development director at TrigoldCrystal, says: "For the seven out of ten brokers who use Trigold Crystal, there will be some relief that the number of products available via intermediaries are holding firm especially as we...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Mortgages

Client conundrum: Mortgage overpayments versus investments

Client conundrum: Mortgage overpayments versus investments

1.4 million people will see mortgage deals end this year

Laura Suter
clock 22 February 2023 • 3 min read

Summer economic update: Sunak confirms stamp duty holiday in 'mini-Budget'

Mini Budget

Hannah Godfrey
clock 08 July 2020 • 2 min read

FCA sounds alarm on equity release advice

'Tick-box exercise'

Hannah Godfrey
clock 17 June 2020 • 1 min read