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Do you expect to see less or more second charge mortgage lenders in 2018?



Statistics





Consumer credit increases by £1bn

Consumer credit increases by £1bn

The Bank of England has revealed that total lending to individuals is steadily rising, with latest figures showing a £3.1bn increase in May…...

47% of borrowers use second charge loans for home improvements

47% of borrowers use second charge loans for home improvements

Home improvement was found to be the most popular reason for taking out a secured loan, following a loan.co.uk survey…...

1800% rise in regulatory fines

1800% rise in regulatory fines

Regulatory fines have risen 1800% according to the 2015 Global Enforcement Review......

Second charge loans up 26%

Second charge loans up 26%

Second charge mortgage lending is up 26% according to new figures by the Finance and Leasing Association… ...

FOS: Payday complaints rise by almost 50%

FOS: Payday complaints rise by almost 50%

In its fifteenth anniversary year of settling consumer complaints, The Financial Ombudsman Service (FOS) has revealed that complaints about payday loans rose by nearly half…...

1 in 9 adults were fraud victims last year

1 in 9 adults were fraud victims last year

Victims of fraud lost an average of £1,016 last year, new research has revealed, with one in nine Britons claiming they were targeted by fraudsters......

More than 80% of Britons don’t understand their finances

More than 80% of Britons don’t understand their finances

New research has shown that 54 per cent of Britons are currently saving nothing towards their retirement…...

£75.5m of second charge loans advanced in March

£75.5m of second charge loans advanced in March

The latest Enterprise Finance Secured Loan Index has shown that secured lending has grown by 13.7 per cent in March…...

200 brokers split in opinion on MMR impacts

200 brokers split in opinion on MMR impacts

A large divide in intermediary opinion upon the impact of MMR has been highlighted in a recent survey from Paragon Mortgages... ...

Feburary sees £64m in secured lending

Feburary sees £64m in secured lending

New figures from Loans Warehouse’s secured loan index show that monthly lending is up 10.5 per cent from January 2015 as lending in February surpasses £64 million......



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