{"id":72724,"date":"2021-08-03T17:09:09","date_gmt":"2021-08-03T17:09:09","guid":{"rendered":"https:\/\/secondchargemortgageuk.com\/?p=72724"},"modified":"2021-08-03T17:09:10","modified_gmt":"2021-08-03T17:09:10","slug":"fla-second-charge-mortgage-new-business-volumes-up-195","status":"publish","type":"post","link":"https:\/\/secondchargemortgageuk.com\/fla-second-charge-mortgage-new-business-volumes-up-195\/","title":{"rendered":"FLA: Second charge mortgage new business volumes up 195%"},"content":{"rendered":"\n<p>Second charge mortgage new business volumes grew by 195% in June 2021, according to the Finance &amp; Leasing Association (FLA).<\/p>\n\n\n\n<p>As a result, the number of new agreements in June was 1,960, and the value of this new business was \u00a391m.<\/p>\n\n\n\n<p>In the three months to June 2021, the number of new agreements rise by 208% to 5,853 and the value of new business increased by 217% to \u00a3260m.<\/p>\n\n\n\n<p><em>To find out more about how we can assist you with your Second Charge Mortgage please <a rel=\"noreferrer noopener\" href=\"https:\/\/secondchargemortgageuk.com\/contact-us\/\" target=\"_blank\">click here<\/a><\/em><\/p>\n\n\n\n<p>Annually, the total number of new agreements fell by 21% to 19,903 and the value of new business dropped by 24% to \u00a3833m.<\/p>\n\n\n\n<p>Fiona Hoyle, director of consumer and mortgage finance and inclusion at the Finance &amp; Leasing Association (FLA), said: \u201cThe second charge mortgage market continued its recovery in June as new business grew for a third consecutive month.<\/p>\n\n\n\n<p>\u201cIn H1 2021, new business volumes increased by 21% compared with the same period in 2020, and we expect further growth during the second half of this year.\u201d<\/p>\n\n\n\n<p><em>By Jake Carter<\/em><\/p>\n\n\n\n<p>Source: <a rel=\"noreferrer noopener\" href=\"https:\/\/www.mortgageintroducer.com\/fla-second-charge-mortgage-business-195\/\" target=\"_blank\">Mortgage Introducer<\/a><\/p>\n\n\n\n<p><em>Discover our <a rel=\"noreferrer noopener\" href=\"https:\/\/secondchargemortgageuk.com\/\" target=\"_blank\"><strong>Second Charge Mortgage Broker<\/strong><\/a> services.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Second charge mortgage new business volumes grew by 195% in June 2021, according to the Finance &amp; Leasing Association (FLA). As a result, the number of new agreements in June was 1,960, and the value of this new business was \u00a391m. In the three months to June 2021, the number of new agreements rise by [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":72599,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false},"categories":[1978],"tags":[2164,2096],"yst_prominent_words":[1362,488,33,485],"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 mortgage new business volumes up 195% - FLA<\/title>\n<meta name=\"description\" content=\"Second charge mortgage new business volumes grew by 195% in June 2021, according to the Finance &amp; Leasing Association (FLA).\" \/>\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\/fla-second-charge-mortgage-new-business-volumes-up-195\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Second charge mortgage new business volumes up 195% - 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