Second Charge Mortgage for home improvements

As the Brexit debacle continues and the general election campaign well under way, uncertainty continues. By staying put a second charge mortgage could be the solution for home improvements. Home buying conditions According to Nationwide house prices barely moved in October as property inflation remains below 1% for the 11th month in a row. Home …

25-year mortgage term no longer the most popular term length

The latest mortgage trends identify the lengthening of mortgage terms and the standard 25-year mortgage term is no longer the most popular term length. Mainstream and specialist lenders are recognising the need for more flexible mortgage terms including lending into retirement. Research provided by Moneyfacts suggests that nearly 2,800 products (57% of the entire market) …

Brokers remain optimistic about second charge lending growth

98% of brokers believe Second Charge Lending volumes will continue to increase over the next 12 months according to survey data from insights. 53% of advisers expect lending volumes to continue to rise and the remaining 45% expect volumes to remain steady. The drive behind this is due to Second Charge rates continue to fall …

Paragon Personal Finance Launches New Secured Lending Range

Gross lending for September 2014 hit £58,270,247, the biggest monthly lending figures since October 2009 and a significant jump on last months holiday season hit figures – 2014 lending levels are currently £110,000,000 above the same time last year according to the latest figures from the Loans Warehouse Secured Loan Index. Year to date figures continue to …