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Decision-making process of mortgage borrowers in the United Kingdom (UK) in 2024

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Source

Release date

May 2025

Region

United Kingdom

Survey time period

February 5 to June 16, 2024

Number of respondents

17,950 respondents

Special properties

adults who have a first charge residential mortgage on the property in which they live currently and first time borrower, home mover, porter, internal switcher, remortgagor most recent change in the last three years

Citation formats

Decision-making process of mortgage borrowers in the UK 2024

Published by ÌÇÐÄÆƽâ°æ Research Department, May 19, 2025

In 2024, more than **** of UK mortgage borrowers took out the mortgage that was recommended by their mortgage broker, while ** percent chose a product suggested by an adviser at a mortgage lender. While many borrowers trusted the experts, approximately ** percent did not receive advice and chose the mortgage themselves. 

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Topics

Mortgage industry in the U.S.Housing market in the U.S.U.S. home buying processMortgage industry worldwide: developed marketsMortgages in Europe
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* For commercial use only

Basic Account

For single users
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Always free
Access limited to Free Statistics. Premium Statistics are not included.
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per month, billed annually 1
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  • Premium Statistics

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