1 in 6 have compared mortgage offers in the past 5 years, with online searches being the most popular method of making comparisons.
The main reasons cited for not comparing or switching mortgages are
not thinking that switching would yield any benefit,
never really considered switching and
currently being tied into a tracker (or for some, a fixed) mortgage.
A quicker, more efficient switching process and clear and transparent information on the upfront costs involved in switching were cited as the top two suggested methods which might encourage switching.