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Santander’s mortgage lending up on last quarter
28/10/2011
According to the latest figures from Santander their total gross mortgage lending increased in quarter 3 compared to the previous quarter. Quarter 2’s gross lending was £5.5bn compared to quarter 3’s total of £7.1 bn.
But, Santander is still behind on last year’s total gross mortgage lending by £2.4bn.
If you are looking for alternative borrowing options other than banks and building societies and you are a homeowner aged 55 and over then equity release could be the answer for you.
With equity release plans such as the lifetime mortgages you could release funds that would otherwise be tied up in your property.
If you want to find out more about how equity release could help you free up those much needed funds whether it is to complete important house repairs, top up your pension or income or simply to help pay off existing debts contact the right equity release.
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