The credit crunch has led to an improvement in application to offer ratio's at Solution Mortgages.
Although the credit crunch has had a noticeable effect on business levels, it has meant that staff have more time to devote to each case they handle and therefore ensure applications were packaged to the highest standards. This has also been the case in the new business department.
As a result, over 90% of applications now reach the offer stage.
This could also have something to do with the fact that heavy adverse products are no longer available. These type of cases were always more difficult to get through and were sometimes more speculative.
The quality of business is so much better pre credit crunch which helps as lenders are now so choosy who they lend to.