https://www.ccrmagazine.com/wp-content/uploads/2022/08/Web-template-32.jpg 555 880 Stephen Kiely http://www.ccrmagazine.com/wp-content/uploads/2018/01/New-web-web-version-300x36.jpg Stephen Kiely2022-08-04 09:50:002022-08-04 09:50:32Second charge mortgage new business volumes grew by 24% in June 2022
Second charge mortgage new business volumes grew by 24% in June 2022
Commenting on the latest new business figures for the second charge mortgage market, Fiona Hoyle, Director of Consumer & Mortgage Finance and Inclusion at the Finance & Leasing Association (FLA), said: “The second charge mortgage market continued to report new business growth in June, but at a slower rate than in recent months. Annual new business volumes in June surpassed the pre-pandemic peak for the first time reaching 30,849 new agreements.
“As always, customers who are concerned about meeting payments should speak to their lender as soon as possible to find a solution.”