Products
Second charge loans
Second charge loans provide a flexible way to raise capital, particularly when refinancing a first charge could lead to early repayment penalties or higher rates.
Common uses
- Property acquisition or refinance
- HMRC and tax settlements
- Inheritance or legal funding
- Development and business capital
Key features
- Secured on residential or commercial property
- Loan size: £250,000 to £2,000,000+
- Terms: 3 to 24 months
- Fixed or variable interest
- Adverse credit and rebridges considered
- Suitable for individuals, partnerships and limited companies
- Loans above £2,000,000 considered by exception