Second Charge Mortgages
We do not provide advice and services in relation to Second Charge Mortgages but will be happy to refer customers to a specialist broker.
A separate and additional mortgage to the homeowner’s main (or first) mortgage. Second charge mortgages (sometimes known as ‘Homeowner Loans’) are loans that are secured against the borrower’s residential property, and as such, are available only to homeowners. In common with remortgaging, second-charge mortgages are sometimes used by homeowners to raise money.
