{"id":72300,"date":"2020-09-30T11:20:03","date_gmt":"2020-09-30T11:20:03","guid":{"rendered":"https:\/\/secondchargemortgageuk.com\/?p=72300"},"modified":"2020-09-30T11:20:04","modified_gmt":"2020-09-30T11:20:04","slug":"second-charge-market-gradually-recovering","status":"publish","type":"post","link":"https:\/\/secondchargemortgageuk.com\/second-charge-market-gradually-recovering\/","title":{"rendered":"Second charge market \u201cgradually recovering\u201d"},"content":{"rendered":"\n<p>The Finance &amp; Leasing Association (FLA) has revealed that second charge mortgage new business volumes fell by 64% year-on-year in July 2020.<\/p>\n\n\n\n<p>The trade body said that \u00a340m worth of second charges were lent during the month from 966 cases.<\/p>\n\n\n\n<p><em>To find out more about how we can assist you with your Second Charge Mortgage please <a href=\"https:\/\/secondchargemortgageuk.com\/contact-us\/\">click here<\/a><\/em><\/p>\n\n\n\n<p>Fiona Hoyle, head of consumer &amp; mortgage finance at the FLA, said: \u201cThe second charge mortgage market is gradually recovering with new business of almost 1,000 new agreements in July, up from a crisis-low of 486 new agreements in May.<\/p>\n\n\n\n<p>\u201cLenders are continuing to do all they can to support customers during this challenging period and customers experiencing payment difficulties should contact their lender as soon as possible.\u201d<\/p>\n\n\n\n<p><em>By Kevin Rose<\/em><\/p>\n\n\n\n<p>Source: <a href=\"https:\/\/bestadvice.co.uk\/second-charge-market-gradually-recovering\/\" target=\"_blank\" rel=\"noreferrer noopener\">Best Advice<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Finance &amp; Leasing Association (FLA) has revealed that second charge mortgage new business volumes fell by 64% year-on-year in July 2020. The trade body said that \u00a340m worth of second charges were lent during the month from 966 cases. To find out more about how we can assist you with your Second Charge Mortgage [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":72302,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false},"categories":[1978],"tags":[2097,2095,2096],"yst_prominent_words":[1362,488,725,105,33,485],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v14.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Second charge market \u201cgradually recovering\u201d - SCMUK<\/title>\n<meta name=\"description\" content=\"The Finance &amp; Leasing Association (FLA) has revealed that second charge mortgage new business volumes fell by 64% year-on-year in July 2020.\" \/>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/secondchargemortgageuk.com\/second-charge-market-gradually-recovering\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Second charge market \u201cgradually recovering\u201d - 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