Jessica Nangle

canary wharf london

The analysis by Portico shows there were 55 transactions in the whole of the Westminster borough in February, the lowest ever recorded.

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Premium income rose by 4.4% to £16.3m with 94% of claims being paid in 2016.

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ULS Technology hopes this momentum will continue throughout 2017.

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The events will give brokers an opportunity to meet lenders, hear about the latest innovations in the market and meet underwriters to discuss complex cases or recent deadlines.

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Landlords sold four buy-to-let properties per branch, up from three in February.

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These announcements come as the company reveals a focus towards more complex, higher value, real estate funding solutions.

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Housing market confidence has improved slightly from the fourth quarter of 2016 to the first quarter of 2017.

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New protection business was up by 3.9% in 2016 compared to 2015 and income protection sales increased by 17% in the same period.

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However lending was 19% lower than March 2016 when borrowers rushed to beat the deadline for the 3% stamp duty surcharge.

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Remortgaging has now hit its highest March levels in March for five years.