A second charge loan can be a cost effective alternative to re-mortgaging, especially if you currently have a mortgage with a low interest rate, early redemption charges or any other reason that would make it expensive for your client’s to redeem.
Money can be raised for any personal reasons such as debt consolidation, home improvements, holidays, cars and school fees.
We can also raise money for clearing tax bills, most business purposes and assisting with investment property purchases.
Loan sizes range from £10,000 - £2,500,000 more can be obtained on referral.
Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The actual amount you pay will depend on your circumstances. The fee is up to 1% but a typical fee 0.5% of the amount borrowed.