20th consecutive month of year-on-year monthly growth for seconds

Published on

june2013

The amount of secured loans lent in between April and June 2013 stands at £127,281,169.50, according to data from the latest Secured Loan Index from Loans Warehouse.

This is the best three-month lending period since July to September 2009.

June was the third month running that second charge lending has surpassed £40,000,000.

However, secured loan lending in June stood at £41.9m, a small drop of £1.79m on May’s figure.

The annual increase in second charge lending was 49.3% higher than in the same period last year and a 20th consecutive month of year on year monthly growth.

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