Portfolio company Trussle, shared the findings of its study. A study of 2,000 homeowners by mortgage broker Trussle shows many people find the traditional mortgage application process to be “opaque and time-consuming”, with 23 per cent of borrowers reporting they found the experience to be stressful.
A critical part of the housebuying process is securing the right mortgage. For many, it can be one of the most stressful parts of the process and for first-time buyers especially, it may be overwhelming sifting through the mortgage products that are available and understanding the jargon. A study of 2,000 homeowners by mortgage broker Trussle shows many people find the traditional mortgage application process to be “opaque and time-consuming”, with 23 per cent of borrowers reporting they found the experience to be stressful. It can also be inconvenient, with the study reporting 23 per cent of homeowners were forced to take time off work to make arrangements for their first mortgage.
https://www.ftadviser.com/mortgages/2017/10/26/finding-the-right-mortgage-deal/
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