"If things keep on going the way they are, we might see new records being made across the board for mortgage enquiries."
- Nathan Reilly, director of Twenty7tec
The first week of January 2024 was the busiest-ever start to a new calendar year for mortgage searches as the post-Christmas listing boom filters its way through to mortgage enquiries, according to the latest data from Twenty7tec.
Wednesday the 3rd and Thursday the 4th were the two busiest days ever at the beginning of the calendar year, the figures show.
Wednesday was the busiest day of the week, which saw a total uplift in mortgage searches of 5.53% compared to last year’s first week of the year, seeing well over 80,000 mortgage searches taking place, putting it in the top 50 days ever for search volumes on the Twenty7tec platform.
Nathan Reilly, director of Twenty7tec, said: “2024 has certainly got off to a good start. Following the news that Rightmove saw a record number of homes putting their house up for sale on Boxing Day, enquiries are flooding through.
“Last year, we saw that January was the second busiest month of the year for first-time buyers and January, February, and March were the three busiest months of the year for first-time buyer mortgage searches.
"If things keep on going the way they are, we might see new records being made across the board for mortgage enquiries.”
