First-time buyer advice remained the No1 advice driver on unbiased.co.uk’s "find a mortgage adviser" service, however searches fell slightly from 39% in September to 35% in October.
Personal retirement planning ranked top of all "find an IFA" searches in October, driving 37% of enquiries and remaining the most sought after area of advice. The report also found that demand for investment and savings advice remained high, accounting for 25% of searches.
Karen Barrett, Chief Executive of unbiased.co.uk, said: "Our latest figures reveal that enquiries for buy-to-let advice have seen a significant rise from September to October, suggesting that consumers are keen to investigate the possibility of buying additional properties to rent out.
"This appetite has been fuelled by rising rental yields, making the buy-to-let market an attractive investment opportunity. With the current low base rate lenders are offering mortgage deals that are affordable and are reducing the amount of deposit required.
"It’s great to see that consumers are seeking whole of market mortgage advice. This is important as it ensures consumers have a complete overview of all the mortgages on offer and are choosing the right loan and products for their financial circumstances.
"Looking at the whole of the financial advice market, pensions and retirement planning continue to dominate the news agenda as people may need to work longer to fund their retirement. With Financial Planning Week coming up, a discussion with an independent financial adviser is a good way to ensure you are planning effectively for retirement."
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