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Second charge repossessions down 45% in Q1 2015 PDF Print E-mail
Thursday, 14 May 2015

New figures released today by the Finance & Leasing Association (FLA) show that the number of second charge mortgage repossessions fell 45.3% in Q1 2015, compared with the same period last year.

Commenting on the figures, Fiona Hoyle, Head of Consumer Credit at the FLA, said:

“Second charge repossessions are continuing to fall as second charge lenders continue to do all they can to help customers in financial difficulty.”

(Source - FLA News Release)  

 

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