According to a survey among first-time home buyers in the UK conducted in 2023, the mortgage brokers helped the most by checking their finances to work out which mortgages they can afford. Additionally, 34 percent of respondents shared that brokers provided some useful recommendations. The survey found that 17 percent of prospective buyers used a mortgage broker.
Benefits of using a mortgage broker according to first-time buyers in the United Kingdom (UK) in 2023
Characteristic
Share of prospective first-time buyers
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Aldermore. (January 29, 2024). Benefits of using a mortgage broker according to first-time buyers in the United Kingdom (UK) in 2023 [Graph]. In Statista. Retrieved September 16, 2024, from https://www.statista.com/statistics/1250348/first-time-buyer-experience-with-mortgage-brokers-uk/
Aldermore. "Benefits of using a mortgage broker according to first-time buyers in the United Kingdom (UK) in 2023 ." Chart. January 29, 2024. Statista. Accessed September 16, 2024. https://www.statista.com/statistics/1250348/first-time-buyer-experience-with-mortgage-brokers-uk/
Aldermore. (2024). Benefits of using a mortgage broker according to first-time buyers in the United Kingdom (UK) in 2023 . Statista. Statista Inc.. Accessed: September 16, 2024. https://www.statista.com/statistics/1250348/first-time-buyer-experience-with-mortgage-brokers-uk/
Aldermore. "Benefits of Using a Mortgage Broker According to First-time Buyers in The United Kingdom (Uk) in 2023 ." Statista, Statista Inc., 29 Jan 2024, https://www.statista.com/statistics/1250348/first-time-buyer-experience-with-mortgage-brokers-uk/
Aldermore, Benefits of using a mortgage broker according to first-time buyers in the United Kingdom (UK) in 2023 Statista, https://www.statista.com/statistics/1250348/first-time-buyer-experience-with-mortgage-brokers-uk/ (last visited September 16, 2024)
Benefits of using a mortgage broker according to first-time buyers in the United Kingdom (UK) in 2023 [Graph], Aldermore, January 29, 2024. [Online]. Available: https://www.statista.com/statistics/1250348/first-time-buyer-experience-with-mortgage-brokers-uk/