Secured Loan lending surges in 2012

  Secured loan lending increased 12% in the first half of 2012 Lending in Q2 was 10% higher than the same period in 2011 Loan completions up due to new lenders entering the market Secured loan market sees growth despite difficult economic backdrop The first half of 2012 saw secured loan lending surge to £150m, reveal the results from the first Loans Warehouse Secured Loan Index. The research from the UK master broker, taking information direct from its lenders and The FLA, reveals that the secured loan market has witnessed a strong increase for the first six months of 2012, with lending figures reaching £150m, a 12% increase on the same period in 2011. (See Graph 1)   Despite the UK … Continue reading