Ideal for customers looking to capital raise by releasing equity from their existing residential property. Our second charge loans can be arranged quickly without affecting their existing mortgage.

·        Any loan purpose

·        Ideal for customers who want to protect their existing mortgage i.e. those enjoying low mortgage rates or who want to stay on an interest only repayment method

·        An alternative solution for customers where their existing mortgage lender’s criteria restricts further borrowing

Key product features:

•             Min. £10,000 – Max. £500,000 (inclusive of retained interest and costs)

•             Initial term 12 months – can be extended at our option

•             No early or part redemption penalties

•             Competitive interest rates according to loan to value (LTV)

•             Interest calculated daily not monthly

•             Retained interest or monthly service

We are happy to understand to your requirements and tailor a solution to suit. We will give an instant decision in principle (DIP). No forms to fill – our team will manage it all for you.