Secured loan market sees revival
Loans Warehouse have announced a record breaking start to the year, with more secured loan completions in January 2011 than any other month in their four and a half year history.
Deprecated: trim(): Passing null to parameter #1 ($string) of type string is deprecated in C:\inetpub\wwwroot\2025.financialreporter.co.uk\htdocs\templates\front-end\partials\article_blockquote.php on line 2
Matt Tristram, Director of Loans Warehouse stated:
It has been an amazing start to 2011. Historically January is a quiet month for secured loan brokers but this year has been completely different. The demand has always been there but now we are starting to feel, more than ever, that lenders actively want to lend."
"The latest figures released by the FLA would suggest that almost 1 in 20 secured loans that complete, complete through Loans Warehouse. This is a fantastic statistic and one we're all extremely proud of. New lenders like Jigsaw Money & Central Lending are definitely making a difference."
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
This week's biggest stories:
Santander
Santander launches 98% LTV ‘My First Mortgage’
First-time Buyer
Improved affordability sparks 20% rise in first-time buyers: NationwideÂ
Inflation
Further rate cuts dampened as inflation rebounds to 3.4%
Mortgage Rates
Two Big Six lenders increase mortgage rates as swaps rise
Bank Of England
Bank of England holds interest rates at 3.75% in narrow 5-4 vote
Interest Rates
Looser Fed policy stance could slow further rate cuts, policymakers warn