Home improvement loans now make up 9.7% of all secured lending.

Home improvement loans now make up 9.7% of all secured lending.
Consumer confidence about the economic outlook dipped, the FLA says.
Daniel Jones, bridging and commercial sales manager at Norton Finance, explores how second charge lending can be used to fund property improvements, deposits, or debt consolidation...
42,000 borrowers expected to take out a secured loan in 2025 at current rate of lending.
New business volumes were up by 17% in Q1.
Changes to credit eligibility will also allow borrowers to qualify for lower-priced products.
The platform aims to reduce case processing time by 4.5 days.
New figures reveal robust growth in both the value and volume of second charge agreements in the UK, with double-digit year-on-year increases recorded across the board for February...
The second charge market has grown by nearly a third since the pandemic, the fastest pace of growth in the mortgage market.
Eddie Lau, broker account manager at Norton Broker Services, explores the key characteristics of second charge mortgages, how they can be used to support borrowers with complex...
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