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:
Iress
Iress expands mortgage and protection distribution through new Access FS platform
FCA
Advice firm employees plead guilty after defrauding clients of £2m
Inflation
Inflation rises to 3.5% as mortgage rates outlook shifts
Atom Bank
Try Mortgage Network adds Atom Bank to residential mortgage panel
This week's biggest stories:
Iress
Iress expands mortgage and protection distribution through new Access FS platform
FCA
Advice firm employees plead guilty after defrauding clients of £2m
Inflation
Inflation rises to 3.5% as mortgage rates outlook shifts
Atom Bank
Try Mortgage Network adds Atom Bank to residential mortgage panel
FCA
MPs call for investigation into FCA's treatment of whistleblowers
Mortgage Rates
Average five-year fixed rate mortgage hits 6%
