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In the Press

North of England FinTech Report 2025

The report finds the North to have close to 400 FinTech firms employing nearly 20,000 people, generating £1.5 billion of Gross Value Added (GVA) to the northern economy. It estimates the total FinTech...

04th August

In the press

Credit card spending slows

Latest UK credit card data from global analytics software leader FICO provides stark evidence that consumer financial confidence remains low. Whilst spending has followed the usual seasonal drop after...

23rd July

In the press

Consumer finance new business grew by 2% in May 2025

New figures released (15/07/25) by the Finance & Leasing Association (FLA) show that consumer finance new business grew in May 2025 by 2% compared with the same month in 2024. In the first five...

16th July

In the press

Second charge mortgage new business volumes grew by 11% in May 2025

Commenting on the latest new business figures for the second charge mortgage market, Fiona Hoyle, Director of Consumer & Mortgage Finance and Inclusion at the Finance & Leasing Association (FLA),...

16th July

In the press

First-time buyers typically borrowing for 31 years

First-time buyers are borrowing through mortgages that last an average of 31 years as the affordability of homes remains a stretch.

24th June

In the press

Consumer finance new business grew by 1% in April 2025

New figures released by the Finance & Leasing Association (FLA) show that consumer finance new business grew in April 2025 by 1% compared with the same month in 2024. In the first four months of...

19th June

In the press

Second charge mortgage new business volumes fell by 2% in April 2025

Commenting on the latest new business figures for the second charge mortgage market, Fiona Hoyle, Director of Consumer & Mortgage Finance and Inclusion at the Finance & Leasing Association (FLA),...

19th June

In the press

Average first-time buyer mortgage term is now 31 years

New data from UK Finance has shown that the average first-time buyer mortgage term is now 31 years.

05th June

In the press

Mortgages approvals fall for fourth consecutive month

Latest data from the Bank of England has found that net borrowing of mortgage debt by individuals decreased sharply by £13.7 billion to -£0.8 billion in April. This followed an increase in net...

04th June

In the press