Credit, Collections & Insolvency News
Mortgage adviser activity rose sharply in March, with total searches reaching 2,150,593, as borrowers responded to ongoing economic uncertainty and shifting mortgage pricing, according to the latest Mortgage Market Snapshot from Twenty7tec. Data from Insight Pro shows this represents a 19% increase compared with February and a 17% rise year on year, marking the highest…
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People are increasingly fed up with the job the Bank of England is doing setting interest rates to control inflation according to research by Hargreaves Lansdown. The research found that the number of people who are satisfied minus the number who are dissatisfied leaves us at minus 13% – worse than the February figure of…
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New figures released by the Finance & Leasing Association (FLA) have indicated that second-charge mortgage new business volumes grew by 24% in June 2022. Commenting on the latest new business figures for the second charge mortgage market, Fiona Hoyle, Director of Consumer & Mortgage Finance and Inclusion at the Finance & Leasing Association (FLA), said…
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Latest UK Finance data has indicated that 2021 is set to be a record year for mortgage lending. Publishing its housing and mortgage market forecasts for 2022 and 2023 together with projections for 2021 full year numbers UK finance has estimated that gross lending overall will peak this year at £316bn, up 31 per cent…
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