Tag Archives: FLA
Second charge mortgage lending up by 11%
July’s FLA consumer lending figures showed growth in almost all areas of high street consumer credit, providing a welcome boost to the economy. The Finance & Leasing Association has urged the Government to ensure that any new regulatory regime …
Posted in Mortgages
Tagged David Johnson, Fiona Hoyle, FLA, Loans Warehouse, Matt Tristram, second charge, secured loans, Shawbrook Bank
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Financial Services Bill facing scrutiny in the Lords
The Financial Services Bill – which will set up the new regulatory architecture for financial services and includes powers to allow the new Financial Conduct Authority (FCA) to regulate credit – is now being considered by the House of …
Posted in Regulation
Tagged CCA, Consumer Credit Act, Financial Services Bill, FLA, OFT
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Asset finance allowing new businesses to invest
Businesses across the UK are turning to asset finance to allow them to invest in much-needed equipment and vehicles, according to the latest figures from the Finance & Leasing Association, which show year-on-year growth of 11% in May1. Car …