Second Charge Mortgages

Cut credit costs by £800+ every month*

Borrow from £10k to £500k

Switch your credit cards, loans and overdrafts to:
  • 1 lower interest rate
  • Longer repayment terms
  • 1 affordable monthly payment
Check now
Checking won’t affect your credit score.

Here’s a real customer’s story:

The Smiths monthly repayments dropped from £1,250 to £416

Their lower rate homeowner loan helped them cut monthly credit costs by £834

Old monthly payments

£1,250

New monthly payment

£416

Check now

Checking won’t affect your credit score

Checking won’t affect your credit score

Remember if you repay existing loans with a new loan, you may be extending the term and increasing the amount you repay in total.

Remember if you repay existing loans with a new loan, you may be extending the term and increasing the amount you repay in total.


*Customer names have been changed to protect their confidentiality. Average reduction in outgoings of more than £800 per month for customers taking a loan to repay existing credit commitments in the last 12 months.

It’s all about you.

Our lowest rates.

Your homeowner advantage.

  • We compare 100s of loans
  • We’ll get you the best rates
  • See your results in minutes
Check now

Checking won’t affect your credit score

Checking won’t affect your credit score

Homeowner loans are secured against your home. Your home is at risk if you don’t keep up repayments.

What can I use this loan for?

1

Reduce your repayments

Swap existing credit commitments for one lower, affordable monthly payment

2

Home improvements

Renovate or improve your home

3

Large purchases

Cover one-off expenses, like 
a wedding

We are a broker and we arrange secured loans from a panel of lenders. We receive commission upon completion. Fees may be payable depending on your choice of financial product. The rate you're offered and the fees will depend on your circumstances and will be discussed prior to you proceeding with your loan. 10.3% APRC representative.

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35 years experience of helping with credit

Got questions?

What is a second charge mortgage?

A second charge mortgage is also known as a second mortgage, secured loan or a homeowner loan. It is a loan that’s secured against your property, so you must be a homeowner to apply. 

Secured loans can be used for debt consolidation and home improvements, or both. 

As your home is used as security, it acts as a safety net for lenders. As a result, second charge mortgages are usually for larger amounts of money, the rates are usually lower and longer loan terms are available, compared to unsecured loans. However, if you don’t stick to the repayments, your home could be at risk. 

What is a personal loan?

A personal loan does not require your home as security and offers fixed term borrowing of up to  £15,000, over a maximum of 5 years.

It can be used for a range of purposes and is quick to arrange - completely online- so you could receive the funds within 24 hours of your application.

Second charge mortgages vs personal loans

Second charge mortgages offer borrowing of up to £500k over 3 to 30 year terms

  • Can be cheaper than a personal loan
  • Secured against your home
  • An adviser will check this is your best option

Personal loans offer borrowing of up to £15,000 over 1 to 5 year terms

  • Quick to arrange
  • Home ownership not required
  • Quick online decision
Will checking my eligibility impact my credit score?

No, getting a quote won't harm your credit score.