Get in touch today:
02920 763003

Or, Request a call back

Second Charge on Property

A second charge is finance designed with property owners in mind, and could prove to be an accessible alternative to remortgaging or further advances.

Key Features

  • Borrow £5,000 to £2.5m
  • LTV up to 95%
  • Flexible lending
  • Independent from existing mortgage
  • Residential, Buy to Let & Commercial property accepted
  • All types of credit history considered
  • Loan terms from one year with low or no early repayment charges

Can You Have Two Mortgages on One Property?

In short, yes.

A second charge allows you to borrow funds that are secured against your property, which sits behind a current mortgage. This means the second charge on your property is in addition to any existing (first charge) mortgage you may have and is commonly used for:

  • Borrowing without effecting your current mortgage rate or being charged ERCs
  • Obtaining finance quicker than remortgaging
  • If you have adverse credit and need to borrow more than your current mortgage amount
  • Releasing funds for another property purchase or home improvements
  • Consolidating existing unsecured debt
  • Any other legal purpose


Want to discover more?

If you are interested in more information,

then just click the button below to request a call back.




Request a call back

Let us call you back with free expert finance advice.

Experienced finance experts
Helpful, but not pushy
Fast finance turnaround

You are entitled to opt out of receiving these messages at any time and will be given the opportunity to do so in each marketing message you receive from us. Further information about how we use your personal information and our reasons for doing so can be found in our privacy policy.

Prefer to call us?

Our expert financial advisers are available to take calls between 9am-8pm Monday to Friday.

02920 763003

Why choose Ignite?

Whether you’re taking out a mortgage for the first time or are shopping around after receiving an insurance renewal quote, it’s unlikely you’ll want to spend hours on the phone acquiring quotes. Well, now you don’t need to.

You can calculate your needs, get quotes, compare offers and take our insurance all from the comfort of your sofa with our help.

We’re a modern mortgage and insurance broker that aims to give you what you want – affordable finance and insurance at the click of a button with no upfront fees.

Let's see how we can help you

Give us a call, or we can call you back at a time of your choosing

Give us a call

We're open for business 9am-8pm Monday to Friday.

02920 763003

Request a call back

Just name a time that is convenient for you, and one of our friendly experts will give you a call.

Request call back

Book an expert consultation at a time that suits you

Schedule initial consultation