2nd Charge Loans

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.    

 

Get In touch

(020) 8191-7615

Core opening hours mon-fri 9.00am-5.00pm

Address 13 Sovereign Park, Coronation Rd, London, NW10 7QP
Vector Capital Plc is a public limited company specialising in providing principal finance to the private and corporate sector.

Location

Vector Capital Plc
13 Sovereign Park, Coronation Rd, London, NW10 7QP

t. 020 8191 7615

e. mail@vectorcapital.co.uk

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