Mortgage search demand surging as leading mortgage platform hits major milestones
Mortgage search demand surging as leading mortgage platform Twenty7Tec hits major milestones, recording its three-millionth mortgage search of 2022.
Today (3 March 3022), at 13:22 GMT, leading mortgage technology and data provider Twenty7Tec has recorded its three-millionth mortgage search of 2022.
The one millionth search took place this year on January 24th, with the second millionth on February 10th.
It’s clear from these figures that housing demand is far from slowing down as confidence in the market remains strong and those in the industry race to find the best deals for eager house buyers.
Over the past five years, the number of mortgage searches being conducted through the CloudTwenty7 platform have increased exponentially, getting busier year on year both due to market conditions and a growing user base.
Milestones in prior years:
- In 2017, the millionth search was marked on 28th April, the two-millionth on 14th of August and three-millionth on 20th of November.
- In 2018, the millionth search was conducted on 23rd March, the two-millionth on 12th June and the three-millionth on 27th
- By 2020, these markers moved to earlier in the year and were hit on January 31st, February 27th and March 27th.
- Last year, they edged closer to where we see them today with the millionth search happening on 26th January, the two-millionth on 17th February and the three-millionth just weeks later on 11th
Niki Cooke, director of intermediary relationships at Twenty7Tec, says:
“It’s an exciting time as we’re reaching these numbers quicker each year which not only demonstrates the market, but it also showcases our position in it and how our technology is supporting advisers and their clients.”
Kindly shared by Twenty7Tec
Main photo courtesy of Pixabay
