A second charge mortgage can be used to release equity to invest or use elsewhere for things like:
- buying investment properties (we’ve completed 47 deals for just that in the last 6 months, averaging £66,000 of lending per deal)
- holiday homes or property abroad
- business financing, including new capital investments
- to manage tax bills (like the £100,000 deal we completed recently)
Second charge mortgages
Bridging loans
Development finance
Complex buy-to-let
Commercial mortgages