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Second Charge Mortgages

Also known as SECURED LOANs OR HOMEOWNER LOANs

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HOW TO IDENTIFY A POTENTIAL SECURED LOAN:

Key Features:

  • Does your client have an existing fixed rate mortgage product?
  • Does your client have a high penalty to move away from their current mortgage deal?
  • Does your client have limited equity within the property?
  • Does your client have any adverse credit? This may including CCJs, defaults, unsecured arrears or payday loans.
  • Does your client wish to consolidate unsecured credit? This includes credit cards.
  • Does your client wish to capital raise? This includes home improvements.
  • Does your client have various income types? This includes benefit income. 
secURED loan features:
  • Loans available from £5,000 – £500,000
  • Terms from 3 – 30 years
  • Interest rates from 2.90%
  • Up to 100% LTV
  • Fixed and variable rate options available 
  • CCJs, defaults, and general arrears acceptable
  • Any legal purpose is generally considered
  • Various income types acceptable including benefits
  • Products available with no early repayment charges too

Second Charge Mortgage Enquiry

INTRODUCER BROKER DETAILS
DETAILS & PREFERENCES
APPLICANT DETAILS
PROPERTY DETAILS
Date of Purchase
MORTGAGE & LOAN DETAILS
MAIN RESIDENCE
SECURED LOAN DETAILS
ADDITIONAL INFORMATION & DISCLAIMER
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