Second charge mortgage new business increased by 16% year-on-year in June to £205m, with lending over the past 12 months up 27%, according to the Finance & Leasing Association.
The FLA said changes represented a step towards a fairer complaints system.
The latest figures showed £21bn of finance was provided to businesses for investment in machinery, equipment and vehicles, including £13bn to small and medium-sized enterprises (SMEs).
The FLA said 3,245 new second charge mortgage agreements were completed during the month, although the value of new business increased by 9% to £175m.
The trade body said total new business reached £3.2bn in May, while lending in the first five months of 2026 was 5% higher than during the same period last year.
The FLA said AI is already changing how consumers search for, compare and make financial decisions.
The Finance & Leasing Association has welcomed the FCA’s market study into claims management services but says action on known consumer and market harms should not wait until the review concludes in 2027.
Amarasekara urged delegates to consider whether an unsecured loan is "solving a problem or simply postponing it."
The launch is part of FLA’s wider plans to highlight how its members support the real economy, including investment and growth.
The second charge mortgage market grew strongly again in March 2026, with industry figures and lender case studies highlighting how faster turnaround times are becoming a major driver of demand.
The data showed that 4,129 new agreements were completed during the month, while the value of new business rose by 36% to £228m.
By value, new lending reached £214m during the month, representing a 37% annual increase and marking the highest February total since 2008.