Advisers reveal sharp fall in mortgage requests

However, offshore investment and expatriate services became increasingly popular at the end of 2007, as did ethical investment. Figures from Unbiased.co.uk’s ‘find an IFA’ service, saw a 30% drop in customers seeking mortgage advice in the last three months of 2007 compared with the same period in 2006. Unbiased.co.uk says the fall in mortgage requests is due to the fallout of the credit crunch, coupled with worries about the UK economy. Changing consumer needs and attitudes have also led to growing popularity of expatriate services, ethical investments and offshore investments, which ha...