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Experian: Applications up 8% in May | Mortgage Introducer

Applications for mortgages in May 2021 were up 8% compared with levels at the same point in 2019, according to industry data released by Experian. Experian found that applications from those under 30 saw the biggest growth (11%), now representing a larger share of the mortgage market than applications from those aged between 50 and 59. Those in their 30s made the highest number of applications, up 8% on May 2019’s levels. Mortgage enquiries via Experian’s comparison services were up by 73%, when compared with May 2019 figures. Of these, home purchases continued to make up a higher proportion of enquiries than remortgages, which Experian argued highlights the impact of the stamp duty holiday extension.

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Credit card or loan approval chances higher now than this time last year

Credit card or loan approval chances higher now than this time last year The number of 0% interest balance transfer cards available has also increased. 14:59, 27 MAY 2021 More people are now eligible for credit cards and loans than this time last year (Image: Getty Images) Get the latest on money saving tips and benefit changes straight to your inbox each week with our Record Money newsletter.Invalid EmailSomething went wrong, please try again later. Subscribe When you subscribe we will use the information you provide to send you these newsletters. Your information will be used in accordance with ourPrivacy Notice. Thank you for subscribingWe have more newslettersShow meSee ourprivacy notice

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Chances of being approved for credit are higher than in March 2020 – Experian

Chances of being approved for credit are higher than in March 2020 – Experian
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Chances of being approved for credit are higher than in March 2020 – Experian

Chances of being approved for credit are higher than in March 2020 – Experian
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