Reasons to use a mortgage broker according to first-time buyers in the UK 2023

Published by Statista Research Department, Feb 20, 2024

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

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Release date

January 2024

Region

United Kingdom

Survey time period

May 30 to June 14, 2023

Number of respondents

2,000 respondents

Special properties

buyers who had bought their first home since May/June 2021

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Statistics on " First time home buyers in the United Kingdom (UK) "

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Other statistics that may interest you First time home buyers in the United Kingdom (UK)

Overview

7

Average costs for first time buyers

8

Home buying process

6

Help to buy scheme

5

Further related statistics

15

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Topics

First-time home buying UKU.S. housing marketMortgage industry in the U.S.Assets and wealth of households in EuropeMortgages in Europe
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