Category Archives: Secured Loans

Buster-Tolfree-UTB

United Trust Bank increases maximum loan size to £400,000 for second charge mortgages

United Trust Bank (UTB) has increased the maximum amount it will lend on a second charge mortgage from £250,000 to £400,000 with immediate effect. The multi-award winning lender offers second charge mortgages from £10,000 to £400,000 on a lifetime Bank …

Money

Second charge mortgage new business volumes up by 8% in April

Second charge lending continues to grow in April, according to the latest figures released by the Finance & Leasing Association (FLA). Commenting on the April 2018 new business figures for the second charge mortgage market, Fiona Hoyle, Head of Consumer …

Money

Second charge lending rises 9% in February

Second charge lending continues in February, according to the latest figures released by the Finance & Leasing Association (FLA). Commenting on the February 2018 new business figures for the second charge mortgage market, Fiona Hoyle, Head of Consumer and Mortgage Finance …

Harry Landy Enterprise Finance

Second charge sector tops £1bn for the first time since the financial crisis

The second charge market is showing sustained growth following seven consecutive months of increased annualised lending, as confirmed in the 6th edition of Enterprise Finance’s Second Charge Report. Drawing on data from the Finance and Leasing Association (FLA), Enterprise Finance’s expertise …

Tim Wheeldon

Second charge rise welcome but wider adviser engagement needed

According to Fluent Money’s COO, Tim Wheeldon, the increase in January’s second charge business by 13% over the equivalent period in 2017 is very welcome, but the industry still needs to do more to engage a wider intermediary audience. Figures …

Garry Taylor, Fluent Money

Fluent Money appoints Chief Technology Officer

Fluent Money Group has appointed Garry Taylor as Chief Technology Officer (CTO) to manage the next stages of development of its IT system. Garry, who has been at Fluent Money since its inception, also worked with its founding directors at …

Sonny Gosai

Clever Lending in drive for second charges

Clever Lending has realigned a number of business processes to continue its drive to be the leading master broker in the seconds market. With a focus on new DIP forms, improved technology and faster response times, the new initiatives will …

Second charge mortgage repossessions fall to a record low

New figures released by the Finance & Leasing Association (FLA) show that the number of second charge mortgage repossessions in 2017 was 105, 27% lower than in 2016. In the final quarter of 2017, the number of repossessions was 27, …

West One Loans partners with Fluent Money Group

Leading specialist second charge lender, West One Loans, has announced a new partnership with Fluent Money Group, the UK’s largest master broker for secured loans, to offer its range of residential and buy to let products. Today’s announcement comes after …

Matt Cottle

SMG launches second charge API tool

Specialist Mortgage Group (SMG), the South Wales based brokerage group has launched Lenderlink, a lender-integrated API system designed specifically for second charge loan brokers. The tool has been developed and used internally by SMG over the last year and it …