Poll
Second charge market flagging
By contrast, a report released in April had shown that second charge lending was up 17% by volume year-on-year for the month of February. The latest figures also showed a year-on-year 8% increase in consumer finance new business for April.
Geraldine Kilkelly, Head of Research and Chief Economist at the FLA, commented: “April saw growth across most of the main consumer finance products as consumer confidence remained relatively high. The fall in second charge mortgage new business was not unexpected as this market is busy bedding in new systems following its move to the Financial Conduct Authority’s mortgage regime at the end of March.”
The Finance & Leasing Association are a trade body whose members specialise in the asset, consumer, motor and second charge finance sectors in the UK, and provided £110bn worth of new finance to UK businesses and households in 2015.
Read Write your comment here:
Post your comment:
Related Articles:
I well omega replica watches removed them, in I below. Those companions call fake rolex watches sounded like a bird chirp. Squeezed between the fragmentation omega replica of the basalt is cold crunching sound rolex replica watches of quicksand. Flat slopes gradually, I came to the edge of breitling replica watches the crater, a cement embankment covered with dark brown on top. I ran over to cartier replica watches see the cement, the steel roof covering the top: This is the beginning of replica watches the 22 century dome structure. It would appear that we have longines replica watches come to the right place. From my u boat replica watches current position.