SortRefer sees BTL boost following pension reforms
SortRefer has seen a 53% uplift on the number of standard buy to let remortgage conveyancing quotes issued in the period since the April 7 pension reforms.
Deprecated: trim(): Passing null to parameter #1 ($string) of type string is deprecated in C:\inetpub\wwwroot\2025.financialreporter.co.uk\htdocs\templates\front-end\partials\article_blockquote.php on line 2
In addition, SortRefer’s new BTL referral service has also experienced a 21% increase in BTL purchase quotes issued, alongside a 12% boost in instructions. BTL remortgage figures show instructions to have risen by 18% on standard remortgages and 26% on fixed price remortgages. Overall registrations are also reported to have grown by 29%.
Kevin Tunnicliffe, Managing Director of SortRefer, said:
“There has been much speculation in and around the industry regarding how pension reforms will affect the buy to let sector and when analysing these interim results it appears that there has already been a large degree of interest registered.
“We expect this momentum to continue and as always it will be proactive intermediaries who remain in pole position to help greater numbers of clients make the most of these relaxations on lump sum withdrawal rules. And when aligned with the right conveyancing service this can make a real difference in getting deals completed quickly and efficiently to make the most of some favourable market conditions.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Santander
Santander launches 98% LTV ‘My First Mortgage’
First-time Buyer
Improved affordability sparks 20% rise in first-time buyers: NationwideÂ
Blogs
Mark Eaton: Is 2026 the year brokers die out?
Inflation
Further rate cuts dampened as inflation rebounds to 3.4%
Mortgage Rates
Two Big Six lenders increase mortgage rates as swaps rise
Interest Rates
Looser Fed policy stance could slow further rate cuts, policymakers warn
