Second charge mortgage new business volumes grew by 21% in April 2026
Commenting on the latest new business figures for the second charge mortgage market, Fiona Hoyle, Director of Consumer Finance & Mortgages and Inclusion the Finance & Leasing Association (FLA), said:
“The second charge mortgage market continued to grow strongly in April, with new business up 29% by value and 21% by volume, highlighting sustained demand for flexible borrowing options in the current environment.
“Looking ahead, demand is likely to remain supported by this need for flexibility, with second charge mortgages well placed to help households manage budgets and maintain financial resilience as economic conditions evolve.”
Source: FLA
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Second charge mortgage new business volumes grew by 11% in May 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), said:
Consumer finance new business grew by 2% in May 2025
New figures released (15/07/25) by the Finance & Leasing Association (FLA) show that consumer finance new business grew in May 2025 by 2% compared with the same month in 2024. In the first five months of 2025, new business in this market was 4% higher than in the same period in 2024.
Second charge mortgage new business volumes grew by 15% in July 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), said:
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