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On a quarterly basis, the number of transactions was up 1%. The increase in transactions in the last three quarters has likely been impacted by the introduction of the SDLT holiday for residential properties, helping offset the decrease caused by COVID-19. Residential property transactions in Q1 2021 were 2% higher than in Q4 2020, and 53% higher than in Q1 2020. Non-residential property transactions in Q1 2021 were 7% lower than in Q4 2020, and 6% higher than in Q1 2020. Total SDLT receipts in Q1 2021 were 8% lower than in Q4 2020 and total SDLT receipts in Q1 2021 were similar, up 1%, to th...
On a monthly basis, the figure rose by 32.2%. The seasonally adjusted estimate of UK non-residential transactions in March 2021 was 12,530, up 53% year-on-year and 24.5% on February. The HMRC data found that the non-seasonally adjusted estimate of UK residential transactions in March 2021 was 180,690, 107.9% higher than March 2020 and 49.6% higher than February 2021. For UK non-residential transactions in March 2021, HMRC found the non-seasonally adjusted estimated was 14,160, 59.2% higher than March 2020 and 61.6% higher than February 2021. Dave Harris, chief executive of more2life, said: ...
One 2 One – Mortgage Engine senior relationship manager Natalie Strong The buzz of a start-up environment, and how Covid has shown the importance of tech to lender and broker efficiency By Rebekah Commane 3 What is the main premise of your role as senior relationship manager at Mortgage Engine? I am the first point of contact for all clients at Mortgage Engine, whether they are lenders, intermediaries or aggregators. I manage all aspects of the client relationship, from initial engagement to onboarding. How has the pandemic shaped Mortgage Engine’s ambitions and plans for t...
In this instalment, w e spoke to Cloë Atkinson (pictured), managing director at Mortgage Engine, to discuss the business’ use of API technology, its multi-decision in principle tool and diversity within the fintech industry. Tell us about Mortgage Engine. Mortgage Engine is a fintech platform that uses application programming interface (API) technology to improve the connectivity between mortgage lenders and brokers. It’s built to make the mortgage application process faster and more efficient for brokers, lenders and customers. We launched in late 2019 and brought the first ever multi-d...