A second charge mortgage works just like a normal mortgage. It’s secured against your property and you will make monthly repayments until the full loan and interest is paid back. The beauty of this type of mortgage though is that you can raise funds for any legal purpose without disturbing your current mortgage. For example, home improvements, debt consolidation or a deposit for a buy to let.
If you have been declined by your current mortgage lender for a remortgage or further advance due to bad credit then don’t despair. We work with lenders who offer competitively priced second charge mortgage products for borrowers with current and past bad credit. Rates and criteria are really competitive and our team can access every lender in the marketplace, so you can feel rest-assured that we will get you the best deal.
We compare every lender in the marketplace, which means we can access lenders who only deal directly with qualified advisers.
Our qualified advisers are salaried, so you can be sure that you are receiving the best impartial advice.
We promise that you won’t be passed from pillar to post. One of our qualified advisers will deal with your application from start to finish.
Your initial consultation is completely free. We will only charge you a fee if you decide to proceed with your application.