There has been a significant increase in the number of first-time buyers (FTBs) seeking mortgage advice at the beginning of 2012, new research has shown.
Carried out by unbiased.co.uk, the study revealed 41 per cent of the total number of searches made via the price comparison website in January were related to FTB home loans – markedly higher than the 36 per cent recorded in December and significantly greater than the 33 per cent reported in November.
Karen Barrett, chief executive of unbiased.co.uk – whose expert team of online marketers boast more than 30 years of experience in the financial services – noted: “An increasing number of high loan-to-value mortgages return to the market, which can only be good news for first-time buyers trying to get their foot on the ladder.”
The Advice Drivers report also revealed enquiries regarding buy-to-let options dipped in January, falling to 19 per cent from the 25 per cent seen throughout October, November and December.
Ms Barrett added real momentum is gathering in the FTB market, while there is also considerable consumer demand for whole of market mortgage advisers .
