Second charge mortgages
A second charge mortgage is an additional loan secured against your property. It leaves your existing first mortgage in place, but creates a separate repayment commitment.
Is a second charge right for you?
It may be considered for home improvements or other borrowing needs. Your available equity, affordability, credit history and existing mortgage conditions affect what is possible.
Understand the alternatives and risks
Compare a second charge with remortgaging, further borrowing from your current lender and unsecured options where appropriate. Fees, interest rates and total repayable can differ substantially. Your home is at risk if you do not keep up repayments.
Not sure which route fits? Read our guides: is it better to remortgage or get a loan? and releasing equity in your home.
Mortgage availability and suitability depend on your individual circumstances. An initial consultation is no obligation; any applicable charges should be explained before you proceed.
Explore all our services
Debt consolidation
Friendly specialist debt consolidation mortgage advice across the UK. Compare remortgages, second charges, alternatives and total borrowing costs.
Explore debt consolidation 02Raising funds
Explore raising funds from your home with specialist advice across the UK. Compare remortgaging to release equity, second charges and further advances.
Explore raising funds 03Second charge mortgages
Explore borrowing against your home while keeping your existing first mortgage in place.
Explore second charge mortgages 04Remortgages
Review your current deal and explore mortgage options that suit your plans today.
Explore remortgages 05First-time buyers
Understand your deposit, budget and mortgage options before taking the first step towards your own home.
Explore first-time buyers 06Buy-to-let
Mortgage guidance for your first rental property or the next addition to your portfolio.
Explore buy-to-let 07Bridging loans
Friendly specialist bridging loan advice across the UK. Compare short-term secured borrowing for auction purchases, chain breaks and property projects, with costs and risks explained.
Explore bridging loans 08Protection and wills
Explore life cover, income protection and planning for the people who matter most.
Explore protection and willsYour next step starts here
Start your 30-second application for specialist help with consolidating debts, raising funds or your next mortgage — including if you have an adverse credit history. Prefer to look at the figures first? Try the mortgage calculator.