26
Jul
More people are seeking mortgage advice on houses for sale
There has been an increase in the number of people seeking mortgage
advice, a report has revealed.
According to professional advice website unbiased.co.uk, there was
a 24 per cent increase in the number of consumers looking for
advice on loans to help them buy houses for sale in the first half
of 2010.
The quantity of enquiries received during the first six months of
2009 was 36,000, while this figure rose to 45,000 the following
year.
Chief executive at unbiased.co.uk Karen Barrett said that these
findings indicate good signs for the property market.
"We believe that the tumultuous period we have been through have
led to more people seeking expert advice on their mortgages rather
than going it alone," she commented.
As well as a rise in the number of people seeking mortgage advice,
there has also been an increase in how much money was lent to
prospective homebuyers in June.
According to Council of Mortgage Lenders' figures, mortgage lending
rose by 15 per cent to £13.1 billion last month, compared with
the same period the previous year.