Related topic: Second charge

The market recorded its second highest total of new business so far this year by both value and volume.

The specialist lender is now offering low and no-ERC products on LTVs up to 100%.

The specialist lender has also reduced residential rates by up to 0.30%.

Rates start from 5.94%.

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.