SECURED LOANS
A second charge loan (sometimes referred to as a secured loan) is an ideal option to release equity from your client’s property. At Groveland Finance, we find second charge loans on almost all types of property – residential or buy-to-let.
CAN'T REMORTGAGE? NO FURTHER ADVANCE?
Second charge lending is an excellent solution for a client that may not have access to a further advance due to i.e. re-mortgage declines. It also provides a finance avenue for clients who don’t want to disturb their main mortgage, which may have a an excellent rate or be on an interest only product that may not be available today.
We have market-leading rates available on long-term or short-term products.
Loans can be used for almost any purpose: buy additional property, VAT / Tax bill, working capital, repay creditors, refurbishment, or any legal reason you can think of.
NO CONSENT / NO VALUATIONS POSSIBLE
In some cases, we can work with a lender on panel who does not require consent from the first charge lender.
Sometimes a case may not require a new valuation in order to go ahead.
HIGHLIGHTS
- LTV up to 100%
- Terms from 3 – 30 years
- Loans from £3,000 upwards
- Adverse considered
- Fixed and variable rate options available
- Second charge loan specialist in-house
- Products with no ERCs available
Mortgage Calculator
Mortgage Calculator
Groveland Finance is a trading style of Aftab Khan, an Appointed Representative of The Right Mortgage Ltd, which is authorised and regulated by the Financial Conduct Authority FCA number: 832971. Registered address: 60 High Street, Wimbledon Village, London, SW19 5EE
There may be a fee for mortgage advice. The exact amount will depend on your circumstances and will be agreed before any cost is incurred, and may be up to 1% of the loan amount
Commercial mortgages, some forms of Buy-to-Let mortgages, and Conveyancing are not regulated by the Financial Conduct Authority