What is a Second Charge Mortgage? A Second Charge Mortgage is a loan that you take out against the equity in your home, in addition to your primary mortgage. It’s called the ‘second charge’ because it’s the second priority for repayment after your first mortgage in the event of a default. This type of mortgage […]
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How To Find the Right Second Charge Mortgage Lenders?
Second Charge Mortgage Calculator – Get a Quick Quote
How Much Can You Borrow with a Second Charge Mortgage? Try our handy second charge mortgage calculator below. It only takes less than 30 seconds to know how much you can borrow. Simply enter your basic information and get an instant, personalised estimate. [Embedded Second Charge Mortgage Calculator] Remember though, while these calculators give you […]
Buy To Let Second Charge Mortgages: A Wise Move?
What is a Second Charge Mortgage? A second charge mortgage is a loan you can get against a house or flat that already has a mortgage. It uses the part of your property that you fully own as security. This type of mortgage is different from your main mortgage. If you sell your property, the […]
How Second Charge Mortgage Brokers Help
What is a Second Charge Mortgage? A second charge mortgage is a loan you can take out against your property, in addition to your existing mortgage. In simple terms, it’s a second loan secured against the value of your home. You have your main mortgage, which is the first charge on your property. Then, if […]
Second Charge Mortgages: The Ultimate Guide
What is a Second Charge Mortgage? A second charge mortgage is a loan secured against your property, on top of your existing mortgage. It’s like adding another layer of borrowing, using your home as collateral. Think of it like this: The key difference is that the first mortgage gets paid first, even if you fall […]
How To Fund Home Improvements with Equity Release?
What Is Equity Release and Home Equity? Equity release is like unlocking the value of your home while you still live in it. It’s a way for homeowners, usually older ones, to get some cash out of their homes without having to move out. Think of your home as a piggy bank. Over the years, […]
