Over a third spend at least ten hours searching and selecting their ideal summer break abroad, yet only 21 per cent would put the same amount of time in when it came to their mortgage choice.
Instead the average time spent researching products to meet their borrowing needs is a little over 5 hours.
Boredom and confusion are key factors in this apparent lack of interest, affecting the older generations more than their children. Whilst over half are simply overwhelmed by the choice in the market, coupled with the complexity of tightening criteria and shrinking affordability.
Some just don't get the same 'buzz' they do when shopping for holidays, shoes or gadgets. Others put their lack of interest down to time constraints.
Of those who do spend a bit of time hunting around for a new mortgage, 38 per cent go with the 'easy option' of sticking with the same lender.
Whatmortgage.co.uk offers best-buy tables property guides and mortgage calculators to help borrowers separate the wheat from the chaff and find the best product for their needs.
