Richard Pike, Phoebus Software sales and marketing director, says “What a difference a month makes. The figures for July are mostly better than those published in June, with BTL picking up at last. It appears that no matter what happens in Westminster, and who can predict what might happen next, that people are still moving or managing to get on the housing ladder. With the increased number of longer-term fixed-rate mortgages, that have been taken out since the referendum, it is unsurprising that remortgage figures are down. Until the uncertainty that is being felt across the country is over, one way or another, that trend is likely to continue as borrowers look for some kind of certainty, at least for their finances.”