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Mortgage activity hits £19bn

Mortgage activity hits £19bn

The Council of Mortgage Lenders estimates that gross mortgage activity reached £19.1 billion in July, which is 7 per cent higher than June (£17.9 billion), 15 per cent higher than July last year (£16....

Household lending hits pre-crash highs

Household lending hits pre-crash highs

The BBA has released figures on the latest household borrowing trends, revealing that the number of mortgage approvals has risen above 70 per cent for the first time since the crash… ...

Arrears at their lowest since Q1 2008

Arrears at their lowest since Q1 2008

Mortgage arrears and possessions continued to fall in the second quarter of 2014, according to data published by the Council of Mortgage Lenders......

Second charge loans up 20%

Second charge loans up 20%

Figures recently released by the Finance and Leasing Association (FLA) have shown that second charge loans have surged by 21 per cent on the previous year......

Secured lending volumes rise by almost a third

Secured lending volumes rise by almost a third

According to the Loans Warehouse Secured Lending Index, in the first half of this year, there has been an increase in secured lending volumes by 32.8 per cent......

One in four clients last 17 days before using overdraft

One in four clients last 17 days before using overdraft

A survey has revealed, that a quarter of bank customers last just 17 days after payday before going overdrawn......

Remortgages plummet due to MMR

Remortgages plummet due to MMR

A report by LMS has shown that remortgaging has continued to slow following the implementation of the MMR......

MSL survey highlights importance of service

MSL survey highlights importance of service

Masthaven Secured Loans (MSL), which has instigated a survey among its introducers to provide regular feedback on its performance, has reported a fundamental thumbs up in terms of its service...

Second mortgages up to £49m for March

Second mortgages up to £49m for March

Second mortgages are up £40 million year-on-year, with the latest FLA figures revealed taht second mortgages are up to £49 million for March...

Future looks bright as arrears drop dramatically

Future looks bright as arrears drop dramatically

Both the number and the proportion of mortgages in arrears fell during the first quarter of 2014, according to new figures from the Council of Mortgage Lenders......



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