2nd UK/ AMF survey results are in- Read on:
KLME just completed a consumer-direct survey to be a follow-up to another UK mortgage survey done 5-6 months ago. The complete AMF comparison and questions are shown in the most recent Homequitybuilder blog.
The basic survey results are as follows. Please note that the results are based solely on our survey example and questions, and are derived from surveying current UK homeowners:
- +/- 19% of UK mortgage-seekers would select and sign onto the AMF mortgage instead of the typical 5-year fixed mortgage option.
- Just over HALF of the 191 respondents noted that they were either Very Interested or Somewhat Interested in the AMF mortgage loan product.
Some quotes/ direct comments from UK borrowers:
“There will be a demand for the AMF”- from a current offset mortgage customer
“The AMF site/blog is offering a nice mortgage fund”
“Will be back to purchase/sign up”
“No hesitation in signing on with the AMF”
As noted earlier, KLME is furthering discussions via a variety of avenues in bringing the AMF to the UK mortgage market. This includes the necessary FSA approvals and other logisitical responsibilities. It is our plan to be offering the AMF to the UK homebuyer/ homeowner within the next 6-9 months.
For comments, questions, or for further information, please contact us at-
Regards,
KLME LLC
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