A new report has shown that
first time buyers were responsible for the most online searches for mortgage advice last year.
According to the survey by unbiased.co.uk,
first time buyers made 40 per cent of consumer enquiries on their site.
Remortgaging was in the second most popular advice category, with 32 per cent of searches in 2009.
Overall, the report found that there were more than 70,000 searches for mortgaging advice.
The number of searches settled after an initial spike in the first three quarters of the year, stabilising in the last quarter to reflect the recovery of the housing market.
The figures are "encouraging", claims Karen Barrett, chief executive of the professional advice site.
She said: "2009 was undoubtedly a volatile year, but it is encouraging to see that when there is turbulence in the housing market; consumers seek advice from the experts - as demonstrated from our Advice Driver statistics.
"However, it is essential that consumers continue to seek advice regardless of the state of the property market, to ensure they are making the best decisions for their individual circumstances."
See Also: Property News (6699)
Date Published: 10 February 2010
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