Wednesday, September 7, 2011
Category:
Home Improvements
According to unbiased.co.uk, searches for first-time mortgage advice reached a 16 month high in August 2011, accounting for 41 percent of searches – an increase of 3 percent from July. When it comes to ‘advice drivers’ for consumers who are seeking whole of market mortgage advice, first-time buying enquiries have reportedly remained at number one.
Findings have also shown that searches for re-mortgage advice decreased from 36 percent in July to 33 percent in August. Nevertheless, unbiased.co.uk has pointed out that they have continued to drive a significant number of enquiries.
When it came to ‘find an IFA’ searches, personal retirement planning reportedly ranked at number one in August by driving 38 percent of enquiries – thus remaining as ‘the most sought after area of advice’. Accounting for 26 percent of searches, it was also uncovered that demand for investment and savings advice remained great.
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Homeowners who have recently purchased their first property and are looking to fund home improvements could consider taking out a secured loan. One of many finance options available, a
homeowner loan could enable borrowers to embark upon an array of projects – whether they are required or simply desired. For example, borrowers could rectify any problem areas and then put their personal stamp on their new property by way of redecoration and refurbishment. Borrowers who would like a little extra living space could even choose to invest in a conservatory. A homeowner loan could finance the home improvements required to transform a house into that ideal home.
