Intermediary mortgage products rise by 4%
The average number of intermediary mortgage products rose by 4% to 2,063 and activity levels for intermediaries performing a mortgage search on behalf of a client rose by 11% to 606,496 for the month.
Mortgage lending jumped to £11.5bn in March, a 24% rise from February the Council of Mortgage Lenders said.The figure was also 3% up on March last year, when the market had reached its nadir in the wake of the credit crunch.