Mortgage guidance requests 'high in 2009'

Date:Thursday 11th February 2010
Author: Susanna Kavka

People seeking guidance about obtaining their first mortgage made up the majority of enquiries to market advisors in 2009, according to statistics from

The website's Advice Driver Report found that, out of the 70,000 customers who sought help with them last year, 40 per cent of the number was first-time buyers.

Requests spiked during the beginning of the year, when the company found that the market was at its most volatile. But as competition emerged towards the end of the year, the level of enquiries began to stabilise.

Karen Barrett, chief executive of, 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."

Prospective buyers were recently offered advice by about getting their foot on the property ladder, which included contacting a qualified solicitor who specialises in conveyance for further assistance.