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Prime borrower use of second charges for debt rises in Q3

The volume of second charge lending to prime borrowers increased in Q3, an analysis has sh...

  • Sep 14, 2021
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FCA must regulate rising number of IVAs to help borrowers overcome mortgage hurdles

The Financial Conduct Authority (FCA) should regulate the transacting of individual volunt...

  • Aug 09, 2021
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Five firms suspend business as FCA clamps down on debt packagers

Five companies have applied for voluntary requirements to stop providing regulated advice ...

  • Jul 20, 2021
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Second charge lenders record bumper figures for June

Loans Warehouse has pegged second charge lending at £104.3m for June, the highest monthly...

  • Jul 15, 2021
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More prime borrowers turning to second charge for home improvements – Evolution Money

Some 23 per cent of prime borrowers used second charge mortgages to make home improvements...

  • Jun 22, 2021
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Brokers looking to second charge loans to help borrowers raise capital

Mortgage brokers have been increasingly searching the second charge market for loans to he...

  • Apr 12, 2021
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A fifth of equity released last year used to clear debts – Key

Older homeowners used lifetime mortgages to unlock the equity from their homes to repay un...

  • Mar 24, 2021
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More borrowers using equity release to buy homes – Canada Life

The proportion of borrowers using equity release to purchase a new home more than doubled ...

  • Mar 18, 2021
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High LTV second charge lending doubles

Second charge lending rose by 14.5 per cent to £69.6m in February compared to £60.8m in ...

  • Mar 09, 2021
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TSLE2021: ‘Second charge loan climb back is well underway’

Despite the significant drop in April and May 2020, the second charge lending climb back i...

  • Feb 11, 2021
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