Second Charge Mortgage Comparison
Lets find you the right mortgage
A second charge mortgage allows you to use any equity you have in your home as security against another loan. It means you will have two mortgages on your home.
We will offer you whole of market independant advice on the best mortgage option for you, following an in depth consultation to ensure we fully understand your mortgage needs.
Call us on 01702 619 221 and we will put you in touch with one of our locally based mortgage advisers who will guide you from the initial fact finding questionnaire through to completion answering any questions you have along the way.
Why take out a second mortgage?
- If you are struggling to get a personal loan, maybe because your self-employed.
- If your credit rating has gone down since taking out your first mortgage, remortgaging could mean you end up paying more interest on your entire mortgage, rather than just on the extra amount you want to borrow.
- If your mortgage has a high early repayment charge, it might be cheaper for you to take out a second charge mortgage rather than to remortgage.