Second charge mortgage market reports volumes up by 13% in December

Commenting on the December 2018 new business figures for the second charge mortgage market, Fiona Hoyle, Head of Consumer and Mortgage Finance at the Finance & Leasing Association (FLA), said: “December saw the market report its sixth consecutive month of growth, contributing to solid single-digit new business growth in 2018 as a whole.

“The second charge mortgage market is expected to see further single-digit new business growth in 2019 overall.”