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Mortgage applications: significantly up

Updated: Jul 10, 2020

Mortgage technology firm Twenty7Tec has been running a daily market snapshot service which shows the volume of searches.

Here's what they've shared:

- 27% increase in mortgage applications, week ending 17 May compared with previous week

- 43% increase in mortgage applications compared to 4 weeks ago

James Tucker, chief executive of Twenty7Tec, said:

“We are starting to see significant volumes return to the market – with searches for purchase mortgages in particular rapidly gaining pace. Searches for purchases are now at 44 per cent of pre-lockdown highs, up from lows of 15.6 per cent in mid April.”

How sort style and stage can help

Are you one of those mortgage applicants or are you thinking about selling and your mortgage needs? If so, let us help you maximise the value of your home so it stands out from the crowd for all the right reasons. Even now under Covid-19, homes are selling.

Let us help you prepare your home and do so safely using our range of virtual services.

Virtual Home Staging Consultation - we will have a call with you to understand your staging needs and then recommend one of the following services.

Virtually Directed Staging - we walk virtually (using your mobile phone or ipad or equivalent) through your home and direct you to make key changes, using what you have. If you're missing key pieces, we can source these for you.

Virtual Staging - this suits those homes which are partially renovated, empty or not up to the high standards that buyers expect today. Using high quality images, which you provide, we can transform rooms with digitally added images, so they meet buyer's expectations.

Virtual 3D Tour - a first for a home staging business. This service allows your buyers to take a 360° virtual view of your home at any time, night or day, from the comfort and safety of their home. We use 3D technology from the market leader, Matterport. We've recently launched this service because we know that not only does it keep everyone safe, it also means that 95% of people are more likely to call an estate agent because a home has a 3D virtual tour.

Your safety and that of our team is our priority, so please CONTACT US now on if you want to maximise your chances of selling.

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