second charge mortgages

Second charge mortgages grew by 9% in November

13th January 2023 Arrears and Recoveries | #second charge mortgages

Latets figures released by the Finance & Leasing Association (FLA) show that Second charge mortgage new business volumes grew by 9% in November 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…

Second charge mortgages grow by 18%

16th December 2022 Consumer Collections | #second charge mortgages

New figures released by the Finance & Leasing Association (FLA) show that second charge mortgage new business volumes grew by 18% in October. 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 “The…

Second charge mortgage new business increases by 37%

11th October 2022 Arrears and Recoveries | #second charge mortgages

New figures released by the Finance & Leasing Association (FLA) show that second charge new mortgage business increased by 37% in August. 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 “The second…

Second charge mortgages increase by 43%

7th July 2022 Arrears and Recoveries | #second charge mortgages

New figures released by the Finance & Leasing Association (FLA) show that Second charge mortgage new business volumes grew by 43% in May 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…

Second charge mortgage new business increases by 48%

21st June 2022 Arrears and Recoveries | #second charge mortgages

New figures released by the Finance & Leasing Association (FLA) show that second charge mortgage new business volumes grew by 48% in April 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…

Second charge mortgages grow by 42%

17th May 2022 Consumer Collections | #second charge mortgages

New figures released by the Finance & Leasing Association (FLA) have shown that second charge mortgage new business volumes have grown by 42%. 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 “New…

Increase in prime borrowers using second-charge mortgages

25th March 2022 Consumer Lending | #second charge mortgages

A new report by Evolution Funding has found an increase in the number of prime borrowers who are taking out second-charge mortgages. The report says the second-charge product split by volume of mortgages is 73% for traditional debt consolidation borrowers, compared to 27% of prime borrowers in the three months to the end of February.…

Second charge mortgage new business volumes grow by 57%

14th March 2022 Arrears and Recoveries | #second charge mortgages

New figures released by the Finance & Leasing Association (FLA) show that second charge mortgage new business volumes grow by 57% in January 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…

Second charge mortgages grew by 44% in 2021

15th February 2022 Arrears and Recoveries | #second charge mortgages

New figures released by the Finance & Leasing Association (FLA) indicated that second charge mortgage new business volumes grew by 36% in December and by 44% in 2021. 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 &…

Second charge mortgages more likely to be used for debt consolidation

23rd December 2021 Arrears and Recoveries | #second charge mortgages

New research by Evolution Money has indicated that second charge mortgages more likely to be used for debt consolidation. The company analysed data from two different types of its second-charge mortgage products, split between those borrowers using the loans for debt consolidation purposes, and those clients who have prime credit ratings. The research showed a…

Second charge mortgage new business volumes grew by 67% in September

8th November 2021 Arrears and Recoveries | #second charge mortgages

New figures released today by the Finance & Leasing Association (FLA) show that second charge mortgage new business volumes grew by 67% in September 202 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),…

Second charge mortgage new business grows by 103%

12th October 2021 Arrears and Recoveries | #second charge mortgages

New figures released by the Finance & Leasing Association (FLA) show that second charge mortgage new business volumes grew by 103% in August 2021 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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