Get In Touch

Find out what we can do to help you with your finances. Get in touch with us today!

Contact us

Second Charge

A second charge mortgage, sometimes called a secured loan can be a good option if you’d like to borrow money while leaving your current mortgage in place. This new loan is secured on your property and is available for many different purposes.


It can for example, allow you to avoid the cost associated with a re-mortgage; an option taken by many customers who are unaware of the second charge market.


Why choose a second charge mortgage?


You can take out a second charge mortgage for all sorts of purposes. Some of the most common include;


  • Home improvements
  • Consolidate debts into one monthly payment
  • Business purposes (excluding start ups)
  • Deposit for additional property purchase (e.g. Buy-to-let or holiday home)
  • Payment of a tax bill
  • Wedding
  • Car purchase (maximum term is 5 years)
  • School fees
  • Transfer of equity
  • Lease extension


If you’d like to know more on how we may be able to help, please get in touch