Mortgage search numbers spiked during March

April 22, 2026 by Brendan O'Neill

Surveys and Statistics

Twenty7tec has revealed there was a spike in the number of searches by advisors for mortgage products during March, with this being attributed to the troubled economy.

The number of product searches advisors made using the platform was 2,150,593 last month, which is a big rise compared with February. The number of product searches rose by 19% month-on-month, and 17% annually. This means March was comfortably the month with the highest number of searches this year so far. These figures are taken from the current Twenty7tec Mortgage Market Snapshot.

What may make them more surprising is that they have happened at a time of economic instability. The conflict in the Middle East has led to product prices and swap rates spiralling upwards, which might have been expected to cool borrower activity.

However, what has happened is that it has made them move more swiftly. There were 907,610 searches for residential products during March – which is a month-on-month rise of 32%. Much of this was driven by people who already have a mortgage but were facing big rate increases and needed to remortgage quickly.

The rise in purchase mortgage searches is more unexpected. They rose by 8% month-on-month to 725,485, which indicates people are still interested in buying.

Twenty7tec chief customer officer Nathan Reilly said to Financial Reporter:

“The data highlights how closely borrower behaviour is linked to wider economic signals. The increase in search volumes reflects a market reacting to a mix of improving momentum and ongoing uncertainty.”

It will all keep advisors with CeMAP training extremely busy.