Second Charge
Second charge mortgage packaging
Second charge mortgages can support additional borrowing while keeping an existing first charge mortgage in place, where this is suitable for the client's needs.
Additional borrowing
When a second charge mortgage may help
A second charge mortgage can be useful when a client wants to raise additional funds but does not want to disturb their existing mortgage. This may be relevant for home improvements, debt consolidation, business purposes, investment plans or situations where the current first charge mortgage has a rate or terms worth keeping.
We can help you understand whether a second charge route may be suitable, what lenders are likely to consider and how to present the enquiry clearly. Property Funding Group UK packages the case carefully, explains the process and helps you compare the available options with confidence.