Networks Survey gets huge response.

Over 1,000 responses were received from industry representatives in Mortgage Support Networks recent online survey, and the results make interesting reading…

The networks survey was strongly supported by all of the leading press publications (both print and online), and was issued to an estimated 20,000 industry representatives. Of the responses generated, over 80% were completed by practicing mortgage brokers and IFAs, acknowledging the quality of databases used by the press.

The detailed statistics are being worked out by Mortgage Support Network at present, but it is already clear that mortgage brokers and IFAs use an average of 3 printed publications to keep abreast of industry news, with around 53% of readers utilising these publications on a weekly basis.

Interestingly, mortgage brokers and IFAs currently have a smaller online habit in that they make use of an average of only 2 online publications. However a larger number (74%) of these individuals do so on a daily basis. This suggests a real appetite for the up-to-the-minute and frequent news updates made possible by web-based resources.

Peter Ransome, Sales Director of Mortgage Support Network commented

“We have had brilliant support from all the mortgage publications in ensuring the networks' survey reached as many practicing mortgage professionals as possible. It enabled us to gather mortgage broker’s feedback on the usefulness of both the printed and online press resources and I am sure we will have some interesting results to share over coming weeks so watch this space!”

Following the success of the project, Mortgage Support Network now hope to make this a regular event with a new online Survey being prepared for 2010.