Second charge mortgage new business volumes grew by 17% in 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:
New figures released by the Finance & Leasing Association (FLA) show that total asset finance new business (primarily leasing and hire purchase) grew by 3% in December 2025 compared with the same month in 2024. In 2025 as a whole, new business was 1% higher than in 2024.
New figures released by the Finance & Leasing Association (FLA) show that consumer finance new business grew by 10% in December 2025 compared with the same month in 2024. In 2025 as a whole, new business in this market was 6% higher than in 2024.
Detailed Guidance: Preparing for the FCA’s New BNPL Rules
With the changes to Buy Now Pay Later (BNPL) coming into force from 15 July 2026, now is the time for firms affected by the changes to review processes, systems and get ahead before the effective date