News
Second charge mortgage new business rises 27% in February – FLA
By value, new lending reached £214m during the month, representing a 37% annual increase and marking the highest February total since 2008.
FLA
News
Second charge mortgage new business volumes up 19% in January 2026 – FLA
The value of new business reached £183m, up 26% year-on-year.
News
Second charge mortgages now account for nearly a third of capital-raising loans
Around one in three homeowners raising additional funds against their property are now using a second charge mortgage rather than remortgaging, new analysis suggests.
News
Second charge mortgage lending volumes rise 17% in 2025 – FLA
The figures showed the market ended the year strongly, with December new business volumes rising 35% compared with the same month in 2024.
Second Charge
Second charge market surpasses £2.14bn, lending up 24% in 2025 – FLA
Second charge mortgages continued to gain traction as homeowners sought to unlock equity without refinancing first charge mortgages secured at historically low rates.
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FLA appoints Jeremy Barton as general counsel
The new role reflects the growing complexity of the regulatory environment and the FLA’s commitment to supporting members.
Lead Story
Second charge mortgage lending up 27% in November 2025 – FLA
The value of new business hit £203m for the month, up 28% compared to last year.
News
Second charge mortgage new business volumes see 22% rise in October – FLA
Over the three months to October, lending totalled £601m, an annual increase of 28%.
News
Second charge mortgage lending grows by 22% in September – FLA
The value of new lending increased sharply, reaching £202m – the highest monthly total since June 2008.
News
Second charge mortgage new business volumes up 10% in August, FLA reports
New lending reached £176m across 3,459 new agreements during the month.
Lead Story
Second charge mortgage new business volumes up 15% in July – FLA
Over the three months to July 2025, new lending totalled £539m, rising 20% on the previous year, with 10,661 new agreements, up 14%.
News
FLA members deliver £80.3bn in lending in H1
Of the total, £20.2bn was lent to businesses to support investment in machinery, equipment, and vehicles, while SMEs accounted for £12.0bn of this lending.