This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Cookie Policy. Read more

Mortgage & Equity Release - Call Us 0117 403 4474

or Book Appointment

Details sort by initial rateLenderInitial rate Rate type Overall cost for comparison Product fee Monthly cost Enquire
Initial rate: 4.21%
Rate type: 2 year fixed
Monthly cost: £809.25 per month
Product fee: £0
Overall cost for comparison: 6.6% APRC
Santander logo 4.21% 2 year fixed 6.6% APRC £0 £809.25 per month get quotes Broker Only Deal
Initial rate: 4.22%
Rate type: 2 year fixed
Monthly cost: £810.09 per month
Product fee: £999
Overall cost for comparison: 7.1% APRC
Nationwide Building Society logo 4.22% 2 year fixed 7.1% APRC £999 £810.09 per month get quotes Broker Only Deal
Initial rate: 4.22%
Rate type: 2 year fixed
Monthly cost: £810.09 per month
Product fee: £899
Overall cost for comparison: 6.4% APRC
Barclays 4.22% 2 year fixed 6.4% APRC £899 £810.09 per month get quotes Broker Only Deal
Initial rate: 4.23%
Rate type: 2 year fixed
Monthly cost: £810.93 per month
Product fee: £899
Overall cost for comparison: 6.4% APRC
Barclays 4.23% 2 year fixed 6.4% APRC £899 £810.93 per month get quotes Broker Only Deal
Initial rate: 4.23%
Rate type: 2 year fixed
Monthly cost: £810.93 per month
Product fee: £999
Overall cost for comparison: 6.7% APRC
HSBC logo 4.23% 2 year fixed 6.7% APRC £999 £750 cashback £810.93 per month get quotes Broker Only Deal
Initial rate: 4.23%
Rate type: 2 year fixed
Monthly cost: £810.93 per month
Product fee: £999
Overall cost for comparison: 6.7% APRC
HSBC logo 4.23% 2 year fixed 6.7% APRC £999 £810.93 per month get quotes Broker Only Deal
Initial rate: 4.23%
Rate type: 2 year fixed
Monthly cost: £810.93 per month
Product fee: £999
Overall cost for comparison: 7.7% APRC
Halifax 4.23% 2 year fixed 7.7% APRC £999 £250 cashback £810.93 per month get quotes
Initial rate: 4.23%
Rate type: 2 year fixed
Monthly cost: £810.93 per month
Product fee: £999
Overall cost for comparison: 7.7% APRC
Halifax 4.23% 2 year fixed 7.7% APRC £999 £250 cashback £810.93 per month get quotes Broker Only Deal
Initial rate: 4.25%
Rate type: 2 year fixed
Monthly cost: £812.61 per month
Product fee: £999
Overall cost for comparison: 7.7% APRC
Lloyds Bank 4.25% 2 year fixed 7.7% APRC £999 £250 cashback £812.61 per month get quotes
Initial rate: 4.27%
Rate type: 2 year fixed
Monthly cost: £814.29 per month
Product fee: £999
Overall cost for comparison: 7.1% APRC
Nationwide Building Society logo 4.27% 2 year fixed 7.1% APRC £999 £814.29 per month get quotes Broker Only Deal
12345678910...

Representative Example:

A repayment mortgage of £120,000 payable over 28 years and 1 month initially on a fixed rate for 2 years at 1.99% and then on the lender current variable rate of 3.69% (variable) for the remaining 26 years and 1 month would require 24 monthly payments of £465.20 and 312 monthly payments of £565.39 and one final payment of £565.19.

 

The total amount payable would be £189,357.67 made up of the loan amount plus interest (£68,161.67), booking fee (£999), completion fee (£30) and valuation fee (£197).

 

In this example the overall cost for comparison is 3.7% APRC representative.

 

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT

Second Mortgage For House In France

Second Mortgage Service

We offer a first class service if you are looking for a 2nd mortgage. 

Special features of what we offer include:

  • Borrow from £25,000 up to £2.5m

  • Market leading rates

  • Exclusive rates - Access to exclusive loan deals not available on high street

  • Fast turnaround - 15 working days possible

  • Not a perfect credit record? We have lenders who will take into account previous defaults and missed payments

  • Short term finance required? 1 to 12 months - See our bridging loan service

To investigate your second mortgage options call our specialist team on 0117 313 7780 or fill in our call back form. 

What is a second mortgage?

Second mortgages are loans on a property which are subordinate to the 1st charge mortgage (loan) on the property.

Second mortgages are often known as secured loans, or homeowner loans. 

What can I use a second mortgage for?

A second charge mortgage can be used for almost any legal purpose. This will depend on the lender, but examples of what 2nd charge lenders will accept include:

  • Home improvements, renovations and extensions

  • Property development

  • Purchasing a second home in the UK or abroad

  • Buying property at auction

  • Debt consolidation

  • Additional property

  • Car/Vehicle purchase

  • Medical bills

  • School fees

How do I get a second mortgage?

Different lenders have different criteria but some general rules of thumb are:

  • You need to have an existing mortgage in place 

  • You will need sufficient equity in your property - typically a second charge lender will not lend based on the loan you are looking for over 90% LTV taking into account the existing first mortgage.

  • Your credit history will be a factor. Lenders take different views on previous credit blips so talk to us for further information

  • Location - where you live in the UK may determine whether you can raise finance on a second charge basis

To find the best second mortgage rates and options open to you call us today on 0117 313 7780

 

house icon

Request Call Back - Second Mortgage Service

For a FREE initial conversation about your second mortgage options complete our short enquiry form.

request call back

Please confirm your details

Extra information

The optional information below will help us to contact you

Why Fair Mortgages?

About Us

Testimonials

5 Reasons To Use Fair Mortgages

Terms of Business

How to get a cheaper mortgage?

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBTS SECURED ON IT.

Fair Mortgages Limited is an appointed representative of Fair Investment Company Ltd which is authorised and regulated by the Financial Conduct Authority.