Barney Drake is chief executive of Specialist Mortgage Group
The second-charge market is gearing up for a big 2021. There’s no denying that, for a lot of the market, the last 12 months have been difficult.
The latest figures from the Finance & Leasing Association show that the number of second-charge deals in the 12 months to February was down by 46% on the year before, while the value of those loans dropped by half.
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