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Brian Brodie, CEO of Freedom Finance, comments on today’s CML Monthly Lending Trends PDF Print E-mail
Wednesday, 10 August 2016
Brian Brodie, CEO of Freedom Finance, comments on today’s CML Monthly Lending Trends:   “The UK’s decision to leave the European Union in June shocked many but it’s clear the ambiguity in the build up to the vote did not cause a slowdown in borrowing. In times of uncertainty lending remains the one certainty with consumers continuing to borrow which is clearly demonstrated by the CML’s June lending figures. In fact, at Freedom Finance we experienced a record breaking month with June seeing completed secured and unsecured loans reaching £23 million. In the following months it remains to be seen if lending will be affected by Brexit but with the markets having  fought back and the FTSE 100 having reached a one year high at the end of July, it would appear to be business very much as usual across the financial services industry.”
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