Government announces Consumer Credit Act modernisation plan
The Government has announced that it will modernise the Consumer Credit Act (CCA) for the first time in over 50 years, giving consumers clearer information and firms the flexibility to innovate.
Second charge mortgage new business volumes grew by 20% in March 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:
Consumer finance new business grew by 9% in March 2026
New figures released by the Finance & Leasing Association (FLA) show that consumer finance new business grew by 9% in March 2026 compared with the same month in 2025. In Q1 2026, new business in this market was 6% higher than in Q1 2025.
AI in the second charge mortgage market: from experimentation to infrastructure
Across the UK mortgage market, AI is increasingly becoming part of the underlying fabric of modern lending platforms, rather than sitting in standalone tools.
Mortgage searches surge in March as economic uncertainty drives borrower action
Mortgage adviser activity rose sharply in March, with total searches reaching 2,150,593, as borrowers responded to ongoing economic uncertainty and shifting mortgage pricing, according to the latest Mortgage Market Snapshot from Twenty7tec.
