The business’ March 2021 lending completion figures alone were over £1bn, a 79% year-on-year increase.
Robert Sinclair, chief executive of AMI said: “Whilst the amount mortgage and protection advice firms will have to pay will now only be slightly higher than last year, the guillotine remains over their necks for a further levy later in the year.”
The figure rises to 76% among 18 to 34-year-olds, according to research from LifeSearch.
Robin Fieth, chief executive of the BSA also noted that of the 11 million people estimated to have no savings, 7.5 million were in work.
Younger generations are less likely to consider investing in property, despite a higher portion investing, according to Nationwide Building Society.
Carl Parker, national director of the self-employed division at Just Mortgages, said: “The huge increase in brokers that have joined our team is testament to the great level of support and training we provide.”
Annual construction growth last year has been revised down 1.5 percentage points to an annual decline of 14.0%, according to ONS construction output figures.
A £34bn claim has been filed against Experian after it has been accused of mis-selling people’s data.
Knight Frank predict the outcome of the upcoming Budget with commentary from Tom Bill, head of UK residential research.
Net mortgage borrowing remained at £5.2bn in January, according to the Bank of England’s latest Money and Credit statistics.