second-charge mortgages

A second charge mortgage allows you to borrow against the equity in your home while keeping your existing first mortgage in place. This can be an ideal solution when remortgaging isn't suitable or when you need to raise a substantial sum for home improvements, debt consolidation, or other major expenses.

Excellent First Mortgage Rate - Keep your competitive existing mortgage deal rather than potentially moving to a higher rate.

Early Repayment Charges - Avoid hefty penalties on your current mortgage that would make remortgaging expensive.

Credit Changes - Your circumstances have changed since your original mortgage, making remortgaging difficult.

Speed of Access - Generally quicker to arrange than a full remortgage, often completing in 4-6 weeks.

Flexible Borrowing - Access exactly the amount you need without disturbing your main mortgage arrangements.

Home Improvements - Fund extensions, renovations, or modernisation projects that add value to your property.

Debt Consolidation - Combine multiple high-interest debts into one manageable monthly payment at a lower rate.

Business Investment - Raise capital for business opportunities or to support cash flow.

Education Costs - Fund university fees or other educational expenses for family members.

Investment Opportunities - Finance property investments or other ventures.

Emergency Funding - Access funds quickly for unexpected major expenses.

You'll have two separate mortgage payments - your existing first mortgage continues unchanged, and you'll have an additional monthly payment for the second charge loan. The second lender takes a legal charge over your property, ranking behind your first mortgage lender.

Specialist Knowledge - We understand the complexities of second charge lending and work with specialist lenders.

Whole Market Access - We compare products from across the market to find the most suitable option for your needs.

Expert Assessment - We'll analyse whether a second charge mortgage is better than remortgaging in your situation.

Smooth Process - We handle the application and liaise with valuers, solicitors, and lenders throughout.

Ongoing Support - We're here to help if your circumstances change during the loan term.

We'll carefully assess your situation to determine if a second charge mortgage is the most cost-effective solution. Sometimes a remortgage or personal loan might work out better - we'll run the numbers and give you honest advice on all your options.

Considering a second charge mortgage? Contact us for a free consultation where we'll review your circumstances, explain your options, and help you make an informed decision about the best way to access your home's equity.

Your home may be repossessed if you do not keep up repayments on your mortgage. Think carefully before securing other debts against your home.