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In the Press

Mortgage lending hits five year high

Latest Bank of England figures show that mortgage lending recorded its strongest quarterly jump in five years in the third quarter of 2025, with gross advances rising 36.9% to £80.4 billion. The...

10th December

In the press

Later life mortgage lending rises by 18.4%

New data from UK Finance has found that later life loans rose 18.4 per cent with 39,950 loans taken out in Quarter 3 (Q3).

10th December

In the press

FCA launches new AI testing initiative

The Financial Conduct Authority (FCA) has announced it is working with major firms to test Artificial Intelligence (AI) in a safe place to better understand the potential benefits and risks.

08th December

In the press

Mortgage lending returns to growth

UK Finance has released its latest Household Finance Review, which showed that mortgage lending activity returned to growth in Quarter 3 (Q3), following a quieter second quarter caused by many...

05th December

In the press

Second charge mortgage new business volumes grew by 22% in September 2025

Commenting on the latest new business figures for the second charge mortgage market, Fiona Hoyle, Director of Consumer & Mortgage Finance and Inclusion at the Finance & Leasing Association (FLA),...

14th November

In the press

Consumer finance new business grew by 8% in September 2025

New figures released by the Finance & Leasing Association (FLA) show that consumer finance new business grew in September 2025 by 8% compared with the same month in 2024. In the nine months to...

14th November

In the press

84% of merchants see growing demand for BNPL

A new report from Lloyds Merchant Services has found that consumers are increasingly looking for payment flexibility. 61% of adopters say they are more likely to shop with a retailer offering Buy Now...

28th October

In the press

Mortgage borrowing fell in August

Latest Bank of England data showed that net borrowing of mortgage debt fell by £200 million month-on-month to £4.3 billion in August. This came after a £900m decrease to £4.5bn in July.

01st October

In the press

Consumer finance new business grew by 4% in July 2025

New figures released by the Finance & Leasing Association (FLA) show that consumer finance new business grew in July 2025 by 4% compared with the same month in 2024. In the seven months to July 2025,...

10th September

In the press