Large rise in new business for SortRefer

Published on

SortRefer has reported that that conveyancing instructions to its panel rose by 65% in January 2018 over the same month in 2017.

The online conveyancing portal said that the last six months up to January 2018 also saw remortgage conveyancing increase by 57% over the same period in 2017, which reflects the increasing popularity of remortgage business in response to upward pressure on interest rates and the decreasing number of cheap fixed rate deals.

January 2018 also saw the highest number of new users of the SortRefer portal in a single month.

SortRefer’s founder, Kevin Tunnicliffe, said: “We are delighted by the increase in new business, which is a testament to the quality of the service we offer through our portal and that of our conveyancer panel, members of which have proved to be outstanding examples of best practice and service to our introducers’ customers.

“What I am particularly pleased about is the record number of new users who have been attracted to the SortRefer proposition in January. We have spent a lot of time and effort in restructuring our external and internal sales and customer service departments and January’s new user tally is a direct result of the new system bedding in and showcases the talented individuals we have working tirelessly to make SortRefer the best conveyancing platform in the market.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Market Harborough broadens tier two mortgage criteria to boost complex case lending

Market Harborough Building Society has introduced a series of criteria enhancements to its tier...

Coventry for intermediaries reduces rates across residential and buy-to-let ranges

Coventry for intermediaries has announced rate cuts of up to 19 basis points, with...

Halifax cuts remortgage rates across selected two and five-year fixed deals

Halifax Intermediaries has announced a series of rate cuts across its remortgage product range,...

The Leeds reports £104m profit amid robust lending and savings growth

Leeds Building Society has reported a profit before tax of £104.4 million for the...

Annual house price growth picks up as affordability improves

The UK housing market showed renewed resilience in July, with house prices rising by...

Latest publication

Latest opinions

Job cuts to inflation shock: preparing for a mortgage arrears crisis

The latest data on jobs paints a picture of a rapidly weakening labour market. The...

URGENT! AI Is coming for you. Or maybe not…

I’ll try to make this as straight to the point as I can. The...

Mind the gap: Can mortgage advice change the game for protection?

Many industry insiders still talk about the UK protection gap and how vast it...

Navigating HMO and MUFB complexity with confidence

Historically, larger Houses in Multiple Occupation (HMOs) and Multi-Unit Freehold Blocks (MUFBs) have often...

Other news

Market Harborough broadens tier two mortgage criteria to boost complex case lending

Market Harborough Building Society has introduced a series of criteria enhancements to its tier...

Coventry for intermediaries reduces rates across residential and buy-to-let ranges

Coventry for intermediaries has announced rate cuts of up to 19 basis points, with...

Halifax cuts remortgage rates across selected two and five-year fixed deals

Halifax Intermediaries has announced a series of rate cuts across its remortgage product range,...