SortRefer has set several new records in its business levels after reporting its ‘best ever’ month in March 2021.

The online portal for mortgage brokers revealed that its total monthly instructions increased by 5% compared to its previous ‘best’ month, set back in July 2020.

Among these instruction numbers, the platform also achieved a record number of conveyancing instructions – a total of 86.99% were conveyancing products, and of these 66.40% were sale and purchase, while 33.60% were Remortgage instructions.

SortRefer also reported record instruction numbers in a single day, which came at their highest on 17 March, before being beaten a week later on 24 March. These days saw an increase of 7% in instructions since the previous ‘best’ day in September 2020.

Furthermore, March 2021 has proven to be SortRefer’s best month for completions, which it suggested were a result from the stamp duty holiday, before the extension was determined. Overall business levels increased by 32% when comparing March to the business received in February.

CEO, Kevin Tunnicliffe, commented: “I’m delighted to announce that many records fell in March and we are yet to see much more over the forthcoming months. Despite the COVID pandemic, we are still growing as a business, as we have gained many new faces join us so far this year, this only heightens our vision and goals for the company.

“I would like to thank each and every one of our employees, it is a testament to all their hard work, which is greatly appreciated. Of course, none of it would be possible without our loyal brokers, who have continued to support and use our services throughout.”

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