Gross second charge lending for September 2014 reached £58,270,247, the biggest monthly lending figures since October 2009, according to Loans Warehouse’s secured loan index for September 2014.

This represented a significant jump on last months holiday season hit figures. 2014 lending levels are currently £110,000,000 above the same time last year.

Year to date figures continue to run 31% up on 2013, and Loans Warehouse expects the year to surpass 2009 figures for the first time since the onset of the credit crunch.

The firm said one of the many factors towards this months ground breaking lending figures is the continual criteria improvements being made by lenders throughout 2014. Two lenders seeing this more than others are Evolution Money & Norton Home Loans who both submitted record breaking lending figures for September 2014.

Paul Stringer, loans and mortgages director at NHL, said: “Norton Home Loans had a record completion month in September thanks to tremendous support from our introducing brokers. Our valued partners recognise the excellent service level and certainty of completion provided by Norton will contribute to the speed of payout customers expect.

“Finding not only a lender with competitive rates but also with a high certainty of completion is essential when choosing the best lender for the customers circumstances. The ever more attractive products Norton and other lenders in the industry offer will mean there will be an increasing number of customers who will benefit from a secured loan rather than a remortgage.”