{"id":72955,"date":"2022-02-15T09:03:41","date_gmt":"2022-02-15T09:03:41","guid":{"rendered":"https:\/\/secondchargemortgageuk.com\/?p=72955"},"modified":"2022-02-15T09:03:43","modified_gmt":"2022-02-15T09:03:43","slug":"second-charge-mortgage-market-continues-steady-recovery","status":"publish","type":"post","link":"https:\/\/secondchargemortgageuk.com\/second-charge-mortgage-market-continues-steady-recovery\/","title":{"rendered":"Second charge mortgage market continues steady recovery"},"content":{"rendered":"\n<p>The Finance &amp; Leasing Association (FLA) has reported 2,174 new second charge mortgage lending agreements in December 2021, bringing the total number of new second charge mortgages for 2021 to 25,877 \u2013 a 44% increase from the previous year.<\/p>\n\n\n\n<p>The new agreements for December 2021 were valued at \u00a399 million, representing a 53% increase from December of the previous year, while the overall value of new second charge mortgages for 2021 rose to \u00a31,110 million, 47% more than in 2020.<\/p>\n\n\n\n<p>                <em>To find out more about how we can assist you with your <strong>Second Charge Mortgage<\/strong> please <a rel=\"noreferrer noopener\" href=\"https:\/\/secondchargemortgageuk.com\/contact-us\/\" target=\"_blank\">click here<\/a><\/em>                <\/p>\n\n\n\n<p>\u201cThe second-charge mortgage market has reported a sustained recovery in new business volumes since April 2021,\u201d said Fiona Hoyle, director of consumer &amp; mortgage finance and inclusion at the FLA.<\/p>\n\n\n\n<p>She also noted, however, that \u201c[there] is still room for growth as new business remains 16% lower by value and 14% lower by volume than in 2019.\u201d<\/p>\n\n\n\n<p><em>By Mary Or<\/em><\/p>\n\n\n\n<p>Source: <a href=\"https:\/\/www.mortgageintroducer.com\/second-charge-mortgage-market-continues-steady-recovery\/\" target=\"_blank\" rel=\"noreferrer noopener\">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>The Finance &amp; Leasing Association (FLA) has reported 2,174 new second charge mortgage lending agreements in December 2021, bringing the total number of new second charge mortgages for 2021 to 25,877 \u2013 a 44% increase from the previous year. The new agreements for December 2021 were valued at \u00a399 million, representing a 53% increase from [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":72234,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false},"categories":[1978],"tags":[2095,2164,2209],"yst_prominent_words":[488,113,105,33,2022,485],"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 market continues steady recovery<\/title>\n<meta name=\"description\" content=\"The Finance &amp; Leasing Association (FLA) has reported 2,174 new second charge mortgage lending agreements in December 2021.\" \/>\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, 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