8
Jan
Brits using internet for mortgage research
The internet has become an increasingly important tool for
homebuyers looking for information about mortgages, new data has
revealed.
According to poll from the Yorkshire Building Society for
yourmortgage.co.uk, some 95 per cent of respondents said they will
use the internet at some stage while looking for a mortgage.
Of these 20 per cent said they would be prepared to complete the
full mortgage online, 27 per cent said they use the internet solely
for research and 39 per cent said they would proceed as far as
getting a quote.
David Jackson, head of e-commerce at Yorkshire Building Society,
said: "We designed the survey to give us a greater understanding of
what potential mortgage customers are looking for from a lender
with an online facility."
Pauline McCallion, editor of Your Mortgage, added: "The size and
complexity of the current mortgage market means it is sensible for
consumers to use the internet to help find the best deal for their
needs.
"With the range of tools and calculators now available online,
those looking for a mortgage can conduct their own research and
will often find competitive offers online."
