Crystal Mortgages has reported a 30% year-to-date rise in completions and a 22% increase in application numbers.

From April to June 2013 terms were issued on over £80.9 million in application, slightly up on the £80.6 million from the same period last year, and based on the same periods the average loan size has reduced to £184,467 from £194,187.

The Walsall-based company has issued terms on £175.7 million this year, up 4.98% from 2012, with the company predicting further growth through quarters three and four as conversion rates improve as lenders ease product restrictions.

Roger Dewsbery (pictured), senior underwriter at Crystal Mortgages, said: “All the figures make for excellent reading, especially the large increase in completions which can be tracked back to an increasing amount of good, well received products from new and existing lenders.

“There is now more flexibility in the marketplace and applications which may have been declined 12 months ago are now finding a path through the system. Add to this an increase in consumer confidence and things look very positive for the foreseeable future.”