Mortgage product choice hits new record high

Twenty7tec has announced that it has new record highs for mortgage product availability.

The platform, which is seeking average weekday mortgage searches of 65,000-80,000, has recorded its highest ever total mortgage products on the platform.

James Tucker, CEO and founder of Twenty7tec, said: “We’ve now hit 23,935 product variants, offering landlords and homebuyers greater choice than ever. This is the highest number of products ever on our platform. This means that more people can source the perfect mortgage for their personal circumstances.

“This is a 4.9% rise since the end of August 2024 and is a new water mark ahead of the records set just before the lockdowns began in March 2020.

“We believe that we’re going to see even more product changes over coming days as hawkish comments by the Governor of the Bank of England have, effectively, priced in a rate cut on November 6th, directly after the Chancellor’s Autumn statement.”