Second charge loan identifier:
Sometimes, a second charge loan can be a better solution than a remortgage, but it’s not always easy to know when. That’s why we’ve put together the second charge loan identifier.
When a second charge loan works better than a remortgage:
When you are on a low SVR or base rate tracker mortgage which is too competitive to remortgage away from but still want to raise additional funds.
When you are on an Interest-Only mortgage; A remortgage will force you onto Capital and Interest, often raising payment to an unaffordable level.
An excellent solution for recently self-employed people, and those who need to work off projected figures to prove income.
For those with adverse credit in the last 3 years.
For those who wish to raise money on Buy-to-Let properties.
A Second Charge can be used for almost any purposes (consolidation, business purposes, tax bills, etc)
Loan amounts from £10,000 – £2,500,000
Low interest rates
Up to 95% of property value, sometimes 100%
Adverse credit registered over 12 months ago may be ignored
Fixed rates are also available
1st and 2nd charge BTL loans available
There is the ability for cases that are outside criteria to be referred
Interest-Only products are available
Can raise money on residential property for business purposes
Let us say “Yes, we can help” – For second charge loan identifier assistance
Office Telephone: 01379 644061
Office Mobile: Call, SMS, Text, Whatsapp or Viber 07951 238527
THINK CAREFULLY BEFORE SECURING ANY LOAN AGAINST YOUR HOME