Average first-time buyer mortgage term is now 31 years
New data from UK Finance has shown that the average first-time buyer mortgage term is now 31 years.
05th June
In the press
Mortgages approvals fall for fourth consecutive month
Latest data from the Bank of England has found that net borrowing of mortgage debt by individuals decreased sharply by £13.7 billion to -£0.8 billion in April. This followed an increase in net...
04th June
In the press
Second charge mortgage new business volumes grew by 18% in March 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),...
08th May
In the press
Consumer finance new business grew by 13% in March 2025
New figures released today by the Finance & Leasing Association (FLA) show that consumer finance new business grew in March 2025 by 13% compared with the same month in 2024. In Q1 2025, new business...
08th May
In the press
Consumer confidence in the housing market declines
The latest Property Tracker survey from the Building Societies Association (BSA), reveals a decline in consumer confidence in the housing market. Just 17% of people agree now is a good time to buy a...
23rd April
In the press
Second charge mortgages grew by 9% in February
New figures released by the Finance & Leasing Association (FLA) show that second-charge mortgage new business volumes grew by 9% in February 2025.
16th April
In the press
Consumer finance new business grew by 3% in February 2025
New figures released by the Finance & Leasing Association (FLA) show that consumer finance new business grew in February 2025 by 3% compared with the same month in 2024. In the first two months of...
16th April
Second charge mortgages expand by nearly a third
Secured loans, often referred to as second charge mortgages, have cemented their position as the fastest-growing segment in the post-pandemic UK property finance market, according to new research by...
08th April
In the press
Mortgage lending fell slightly in February
Latest Bank of England data has shown that mortgage approvals slipped by 600 to 65,500 in February from a year ago, following a fall of 400 mortgage approvals in January.