Second Charge Mortgage
A Second Charge Mortgage allows homeowners to release equity from their property without changing their existing mortgage.
It provides an alternative to remortgaging or taking out an unsecured loan, offering a flexible way to access additional funds while keeping your current mortgage in place.
When you take out a second charge mortgage, you’ll leave your existing (first charge) mortgage in place. This means you’ll have two mortgages outstanding on the same property. Default on either of them and you could potentially lose your home.

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How we help
Assessing Your Eligibility
Before recommending any solution, we take the time to understand your financial situation, goals, and the amount of equity available in your property. Whether you need funds for home improvements, debt consolidation, or other financial commitments, we ensure a Second Charge Mortgage is the right fit for you.
Providing Tailored Lending Solutions
Every homeowner’s financial circumstances are different, and so are their borrowing needs. We work with a wide network of lenders to offer competitive rates, flexible repayment terms, and financing options that align with your specific situation.
Clear And Transparent Advice
Taking on a Second Charge Mortgage means you’ll have two loans secured against your property, so it’s essential to understand both the benefits and risks. We provide clear, jargon-free explanations, ensuring you have all the information you need to make a confident and informed decision.
Managing the Entire Process Efficiently
We know that applying for additional finance can feel overwhelming. Our team handles the entire process on your behalf—liaising with lenders, managing paperwork, and ensuring that everything runs smoothly. This means minimal stress and a straightforward experience for you.
A Second Charge Mortgage can be a great way to access funds, but it’s important to ensure the repayments remain affordable. We assess your ability to meet both your current mortgage and the additional loan, helping you avoid financial strain in the future.
Why choose us
When you work with us, you gain access to benefits that aren’t necessarily available to
borrowers dealing directly with lenders.

Speed
One of the attractive benefits of bridging loans is that they can be put in place quickly.
We have long-term relationships with the lenders to get funding expeditiously for you.
We know what’s required in the process, so we can avoid any mistakes or omissions that can delay your access to finance.

Diverse, flexible options
With access to over 170 lenders, including alternative funders, challenger banks and specialist lenders, we can find you the most competitive loan.
In some cases, we can secure a 100% LTV in some cases, where no deposit is required.

Strategy
We navigate the process of accessing funding for you.
Once we’ve reviewed your finances, we’ll create a comprehensive strategy for you, including how you will repay the loan (your exit strategy).
We can overcome barriers such as a bad credit score and put together the evidence you need to show your lender.

Up-to-date insights
The market for bridging loans fluctuates and lenders change their terms frequently.
We’re up to date on the latest information and we can advise you on the best loan, right now, for your circumstances.
Our process
When you work with us, your application runs smoothly from start to finish.
Here’s a quick rundown of our process:
1
Consultation
Tell us why you need short term finance and what you hope to achieve with the loan.
2
Explore the market
We review the lending options available.
3
Advice
We set out the options for you with analysis of how each one may impact your objectives.
4
Application
We compile the application for you, together with supporting documents and submit it to the lender.
5
Respond to the lender
We reply to lender queries promptly.
6
Approval
We secure the bridging loan
that’s right for you.
Find out more using our FAQs
What are the benefits of bridging loans?
- Speed: We can arrange bridging loans very quickly. If you need fast access to funding, this is a viable option.
- No break fees: You can repay bridging loans early without incurring penalties. This usually saves you money on interest
- Flexibility: These loans allow borrowing against properties that are not suitable for a mortgage
What are the alternatives to bridging loans?
Possible alternatives are:
- Mortgaging the second property: you’d get a loan with a longer term, but it may work out cheaper in the long run
- Unsecured personal loans: you can borrow up to £50,000. These loans tend to have annual interest rates, which means they can be less expensive overall. We do not provide advice on unsecured personal loans
What are the risks?
- Double mortgage payments: If you use the loan to purchase a new house before you find a seller for your current home, you risk paying for two properties concurrently.
- High interest rates: Bridging loans are designed to be short-term, high-value borrowing. Lenders often expect high returns, which means they charge high interest rates. Missing a repayment can incur large fees
- Losing your property: Lenders secure the debt against the property. You risk losing the property if you cannot afford the repayments
Can I get a bridging loan if I have a bad credit rating?
Yes. Even with bad credit you stand a chance of being accepted for a bridging loan. Our advisers can talk you through your options. Taking out a bridging loan and meeting your repayments can even help to improve your credit score.