Mortgage News
Majority of consumers visit MAS for mortgage info – data
Mortgages are by far the most popular reason to visit the government-supported financial advice scheme’s comparison tables and the most often used calculators.
Mortgages are also the most searched topic on the website.
The Money Advice Service (MAS) has been much-maligned since its launch in April 2011, but consumers are making use of it in the way it was designed – to get free, impartial guidance on their finances.
Here we break down the topics consumers go to the MAS for, according to the service’s own figures.
Money Topics
Saving and investing – 5.9%
Borrowing money 3.9%
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Managing debt 5.4%
Homes and mortgages 15%
Insurance 2.8%
Managing you money
Pensions and retirement 8.6%
How to review or reduce borrowing 0.8%
Bank accounts and credit or debit cards 7.2%
Financial help and advice 2.6%
Comparison tables
Credit Cards 0.4%
Current Accounts 1%
Loans 0.1%
Annuities 8.1%
Pension and SIPPS 1.4%
Savings Accounts 2.5%
Cash ISAs 2.3%
Mortgages 3.3%
Investments 0.8%
Tools
Debt test 1.8%
Loan calculator 3.9%
Mortgage calculator 11.5%
Pension calculator 9.4%
Savings calculator 1.3%