Comment from Tim Wheeldon, COO at Fluent Money/Fluent for Advisers re the FLA second charge figures

11 May 2018

Tim Wheeldon, COO at Fluent for Advisers said, “I don’t think some of the headlines I have read so far, highlighting the monthly fall in volumes, is the real story here. One month’s figures are not representative of a trend and while the month on month comparison shows a drop, the first quarter shows that the sector is ahead of last year’s figures. Our own experience at Fluent is that over the same period, we are registering record months with increasing volumes from our intermediary business.”

https://www.fla.org.uk/index.php/second-charge-mortgage-new-business-stable-in-q1-2018/