Mortgage numbers up for first time since summer '08

According to the company's Monthly Product Analysis, the number of products rose 13% in March alone, from 2,731 recorded on 2 March to 3,091 by 31 March. Trackers saw the biggest increase (21%), it says, followed by fixed deals (11%) and variable products (11%). The number of mainstream lender products with an 80% or lower loan-to-value (LTV) also increased in the past month (9%), which the firm says may be an early indicator confidence in the market is returning. The 12 month analysis, however, still paints a bleak picture, with an 80% drop in the total number of live products compar...