What Is a First and Second Charge? First Charge A first charge mortgage, commonly known as the main mortgage on a property, holds the primary lien against the property. This means that in the…
Applying for a mortgage can be an intimidating process, but it doesn't have to be. The key is to understand the steps involved and to remain organised. With the right information and some…
Can I Take Out a Second Mortgage on My House? Considering getting a second mortgage on your house? A second charge mortgage could be a viable solution. This type of secured loan allows homeowners to…
Second Charge Mortgages Rates Explained A second charge mortgage, also known as a second mortgage, is a loan secured against a property that already has an existing mortgage. This type of loan…
Second Charge Mortgage for Buy-to-Let Property As a landlord or property investor, leveraging your assets efficiently is key to maximizing your portfolio's potential. A second charge mortgage on a…
What Is a Second Charge Bridging Loan? A second charge bridging loan is a type of short term (e.g. up to 12 – 24 months) finance that is secured against a property which already has an existing…
Learn How to Remove a Second Charge on Property Owning a home is a significant achievement, but sometimes, financial needs can lead to placing a second mortgage charge on your property. While this…
What Is a Second Mortgage? A second mortgage or second charge is a type of secured loan taken out against a home that already has a primary mortgage on it. Essentially, it is a secondary loan that…
A second mortgage or second charge mortgage can be a useful financial tool, but it comes with both advantages and disadvantages. Here’s a detailed look at the pros and cons of a second…
