We take a quick look at the numbers behind people requiring financial advice prior to purchasing a property
- 84% of home movers seek financial advice at some point during the buying process. The majority (64%) do this prior to purchasing.
- Of movers who seek advice and require a mortgage, 39% use an agent’s recommendation for their choice of mortgage provider, rising to over half of movers who only seek advice after finding their property.
- Younger buyers (those aged up to 34) are most likely to seek financial advice and arrange a mortgage through a broker recommended by an estate agent.
- Home movers should seek advice and shop around to find the best mortgage deals, particularly following recent headlines.
- Source, Property Academy Home Movers Survey 2022 analysed by Dataloft. Over 10,000 surveyed.