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According to the Finance & Leasing Association (FLA), second charge lending is up 195% in June 2021 vs June 2020

The Second Charge market has shown continued growth during June

Author:
Helen Marshall

Published:
05 August 2021

Second Charge Lending up 195 percent in June

The number of new agreements totalled 1,960, showing significant growth on the same month in the previous year. The value of the lending was also up 236%, totalling £91 million.

These figures demonstrate that second charge lending is continuing its recovery and the market is seeing strong growth month on month so far this year.

We’re hoping this growth will continue as we head into the second half of the year.

If there are any cases that you’ve been struggling to place, make sure you give us a call on 01709 321665.

Tags: Second charge, secured loans, FLA

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Second Charge Lending up 195 percent in June

The Second Charge market has shown continued growth during June

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