Consumers increasingly seek mortgage advice

Consumers are going out of their way to take mortgage advice with business being placed through financial advisers steadily increasing since 2000. The finding comes from the Paragon Mortgages Financial Adviser Confidence Tracking (FACT) index published today. Mortgage business arranged by financial advisers is 11% higher than a year ago and almost a fifth higher than two years ago. This bucks the trend between 1997 and 2000 when mortgage business placed through advisors spiralled downwards. In the first quarter Paragon found one in ten mortgages arranged by financial ad...