Mortgage search activity increased in June, marking the first month of the year to record both month-on-month and year-on-year growth, Twenty7tec has revealed.

The firm’s latest Mortgage Market Snapshot found that total mortgage searches totalled 1,774,749 during June, representing a 7% increase compared to May and a 2% increase over June 2025.

Residential searches reached 1,499,462, marking an 11% month-on-month and 3% year-on-year increase, while residential purchase searches increased by 8% month-on-month to 679,151, while also rising by 5% year-on-year.

Twenty7tec also found that first-time buyer activity strengthened in June, with searches rising by 9% month-on-month to 166,026, suggesting that activity has strengthened following the softer levels recorded last month.

Meanwhile, residential remortgage searches rose by 14% month-on-month to 654,285, with Twenty7tec stating that borrowers are reviewing their options as they approach the end of existing fixed rate deals, supported by continued lender competition across the market.

However, buy-to-let mortgage searches dropped by 5% year-on-year to 275,284, despite increasing month-on-month by 9%.

Head of lender at Twenty7tec, Nakita Moss, said the latest data shows that the market has "regained momentum following the softer activity" recorded in May.

She concluded: "Search volumes increased across every major category month on month, while most residential categories also returned to year-on-year growth. Although buy-to-let activity remains below last year's levels, June's figures point to a market that continues to adapt as borrowers respond to changing economic conditions and ongoing lender competition."

---