42,000 borrowers expected to take out a secured loan in 2025 at current rate of lending.

42,000 borrowers expected to take out a secured loan in 2025 at current rate of lending.
New business volumes were up by 17% in Q1.
Changes to credit eligibility will also allow borrowers to qualify for lower-priced products.
The platform aims to reduce case processing time by 4.5 days.
New figures reveal robust growth in both the value and volume of second charge agreements in the UK, with double-digit year-on-year increases recorded across the board for February...
The second charge market has grown by nearly a third since the pandemic, the fastest pace of growth in the mortgage market.
Eddie Lau, broker account manager at Norton Broker Services, explores the key characteristics of second charge mortgages, how they can be used to support borrowers with complex...
Second charge lending saw double-digit growth in new business by value and volume.
Rates now start from 6.34%.
Second charge lending grew by 17% last year to its highest level since 2009.