Searches for ‘Covid-10: temporary maximum LTV restrictions’ topped four mortgage categories in April, shows new data from Knowledge Bank.

The search string was number one for residential, buy-to-let, second charge and bridging.

Within the residential category, ‘Internal/AVM/desktop valuations’ came second, followed by ‘Covid-10: furloughed workers.’

In BTL, the second position was also based around valuations, with ‘Lending to limited companies’ coming in third.

In second charge, ‘Maximum LTV’ was second, with ‘Minimum loan amount’ in third.

And under bridging, ‘Regulated bridging’ was in second with ‘Minimum loan amount’ in third.

Meanwhile, in equity release, ‘Minimum age at application’ was the number one result, directly opposite to February’s first search – ‘Maximum age’. This was followed by ‘Second home’ and then ‘Add fees to loan.’

Elsewhere, the most searched for term under commercial was ‘Maximum LTV for investment’ followed by ‘Maximum LTV’ and ‘Semi-commercial properties’.

Knowledge Bank relationship manager Matthew Corker says: “With lenders across the board cutting back sharply on LTV, and in some cases temporarily withdrawing from the market, brokers are working harder than ever to keep track of an ever-changing landscape and get the best deals for their clients.

“We’ve had just short of 2,000 brokers sign up to Knowledge Bank’s free Covid-19 ‘live feed’, updated in real time by lenders. With events moving so fast, it is vital that brokers use all the means and the technology at their disposal to keep pace with what is happening in the market.”