New figures from Unbiased.co.uk reveals that the number of consumers seeking independent financial advice on mortgages and investment rose dramatically in the first quarter of 2008 relative to the previous three months. Increased demand in these two product areas resulted in 30,000 more people using the ‘Find an IFA’ service in the first three months of 2008, than in the final quarter of 2007; an increase of nearly a third (31 per cent). Unbiased.co.uk’s Advice Drivers report demonstrated consumers’ commitment to independent financial advice, with Unbiased.co.uk receiving over half a million requests for details of local IFAs in the last 12 months. As the hous-ing market has begun to slow, consumers have continued to put their faith in IFAs to advise them on how to finance their home loans. The number of consumers seeking advice on mortgages has risen by nearly two thirds over just three months, with nearly 30,000 people requesting details of a local IFA to advise them on mortgages in the first quarter of 2008. The Advice Drivers report also high-lights consumer demand for advice on investment and also specific investment products such as ISAs and Unit Trusts.The top ten Advice Drivers in the first quarter of 2008 were as follows:
Date: 29th, May, 2008
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