Despite the contention of the £50 application fee there were a very large number of applicants for pilot positions, both type rated and non type rated.
Of course some of the older applications are still being filtered and some folks may not have received the confirmation or debit from their bank cards yet.
The new criteria is as you say 737 rating and min 300 hrs time on type.
Don't get depressed as criteria change with availability and there is always a need to get the balance right between inexperienced and vintage people, the other consideration is the need to retrain the experienced people with new sop's etc.
Keep focused.. good luck