Second Charge Mortgage UK

Second Charge Mortgage UK An independent & whole-of-market Residential & Buy-to-Let Mortgage Broker for clients seeking to rai

to shrink, but avoid recession for now
24/05/2022

to shrink, but avoid recession for now

A combination of a weak March handover and the Queen’s Jubilee in June is set to see the UK economy contract in the second quarter.

new business up by 42% for March: FLA
20/05/2022

new business up by 42% for March: FLA

The volume of second charge mortgage new business grew by 42% in the year to March 2022, according to the latest figures from FLA.

shrunk in March as service industry struggles
16/05/2022

shrunk in March as service industry struggles

The UK economy contracted by 0.1 percent in March, according to data out Thursday from the Office for National Statistics.

UK to top 1% as tightening continues
09/05/2022

UK to top 1% as tightening continues

A 25 basis point hike in UK rates might not do much for the pound in the short-term, especially when set against the Fed’s more hawkish comments.

stumbles as consumers, firms brace for downturn
27/04/2022

stumbles as consumers, firms brace for downturn

UK economy is losing steam as households face a tightening cost-of-living squeeze, according to data published on Friday.

may need to raise interest rates “a little bit,” Mann says
25/04/2022

may need to raise interest rates “a little bit,” Mann says

Bank of England monetary policymaker Catherine Mann said interest rates would probably have to go up "a little bit" further.

lending returns to pre-pandemic levels with 59% growth
21/04/2022

lending returns to pre-pandemic levels with 59% growth

The second charge mortgage market has reported its highest monthly level of new business volumes for two years, returning to pre-pandemic levels.

slows to 0.1% growth in February
18/04/2022

slows to 0.1% growth in February

The UK economy barely grew in February as GDP expanded by just 0.1 per cent, with the economy suffering from the impact of weaker contributions.

stalls with concerns that growth may shift into reverse
13/04/2022

stalls with concerns that growth may shift into reverse

UK output slowed in February indicating the economic recovery was weaker than thought even before the additional surge in inflation.

UK economic growth slows to just 0.1% in February
12/04/2022

UK economic growth slows to just 0.1% in February

The UK economy grew by just 0.1% in February, despite a strong resurgence of both inbound and outbound tourism activity - including travel agencies, hotels.

Return to the office boosts : Services sector clocks up one of its best months since Covid restrictions ended
07/04/2022

Return to the office boosts : Services sector clocks up one of its best months since Covid restrictions ended

In an upbeat report on the state of the UK economy, S&P Global said its closely-watched index of activity in the sector rose to 62.6 in March.

back close to pre-pandemic levels, says ONS
01/04/2022

back close to pre-pandemic levels, says ONS

The UK economy grew at a rate of 1.3% in the last three months of 2021, a faster pace than first thought and bringing GDP to just below pre-pandemic levels.

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