Requests for mortgage guidance in the UK surged in 2009

12 Feb 2010

Consumers in the UK who asked for guidance in acquiring their first mortgage comprised the majority of enquiries to market advisors last year. This is according to statistics from unbiased.co.uk.

According to the website, out of the 70,000 clients who sought for mortgage guidance last year, 40 percent were first-time homebuyers.

Requests peaked at the start of the year, when the company found that the market was most volatile. But when the competition rose towards the end of the year, the number of enquiries began to subside.

Karen Barrett, CEO of unbiased.co.uk, said: "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."

Unbiased.co.uk offered advice to prospective homebuyers on getting themselves on the property ladder, which included seeking the help of qualified solicitors who specialise in conveyance.

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