Moneyfacts reports that the number of mortgage deals available in June is higher than in early May, indicating a shift in the flow of products onto and off the market. The outlet notes that the so-called “churn” of mortgage products—referring to deals staying available for a period before being withdrawn—appears to be calming down. Taken together, the reports suggest fewer abrupt removals of mortgage products and a broader range of options available to borrowers as June approaches. While the figures point to “hundreds more” deals than at the start of May, the information provided does not specify the exact count, the categories most affected, or the reasons behind the change. The reports present the development as a market-level update based on Moneyfacts monitoring, rather than a change tied to a single lender or product. The Belfast Telegraph source repeats the same Moneyfacts headline without adding additional details in the excerpt provided.
More mortgage deals available in June than in early May, Moneyfacts says
Moneyfacts reports that the number of mortgage deals available in June is higher than in early May, indicating a shift in the flow of products onto and off the market. The outlet notes that the so-cal...
- Moneyfacts says there are hundreds more mortgage deals available in June than in early May.
- The “churn” of mortgage products—deals remaining on sale before being withdrawn—is easing.
- The change is presented as a market-wide update based on Moneyfacts monitoring.
- The provided information does not include specific deal counts or lender breakdowns.
The ‘churn’ of mortgage products remaining on the market before being withdrawn has been calming down, Moneyfacts said.
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