There were 28,840 new loans advanced to older borrowers in Q1, down 11.7% year on year. The value of this lending was £4.3bn, which was down 8.5% compared with the same quarter a year previously. This is according to the latest figures from UK Finance which also reveals that there were 5,060 new lifetime mortgages
There were 28,840 new loans advanced to older borrowers in Q1, down 11.7% year on year. The value of this lending was £4.3bn, which was down 8.5% compared with the same quarter a year previously. This is according to the latest figures from UK Finance which also reveals that there were 5,060 new lifetime mortgages
