More first timers request advice

In second place, nearly a third (28%) of searches through Unbiased.co.uk’s ‘find a mortgage adviser’ service requested advice on remortgaging, as homeowners continue to seek advice on the best deals, releasing equity and whether to fix or not to fix in the current climate. The third most popular search was for advice on the residential property market with nearly a quarter (23%) of searches specifying this criteria.

David Elms, chief executive of Unbiased.co.uk, commented: “Last month’s Mortgage Advice Drivers report demonstrates that as first time buyers and homeowners find themselves confused by the continually changing mortgage market, they are putting their faith in whole of market mortgage advisers. In the current climate, consumers need expert advice to get the best deal for them and a whole of market mortgage adviser is best positioned to serve these needs. Only whole of market mortgage advisers can give you advice and recommend solutions and products from across the range of mortgage providers.”