Second Properties

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Second mortgages are for the purchase of a second property and are not the same as a second charge mortgage or remortgaging. Obtaining a second mortgage while paying off your first is considered riskier - and will require careful consideration. We can provide clarity to the situation and help you to take the next step up the property ladder.

Common Reasons to Buy a Second Property

  • Own a family holiday home
  • Help a family member get on the property ladder
  • Downsizing retirement plans for the future

First Mortgage Vs. Second Mortgage

The process of getting a second mortgage is not so different from the first. One aspect of the process which is likely to be different is the level of scrutiny that lenders will put on your finances. With two mortgages to pay, they will want to be 100% sure that you have the means to pay both mortgages without defaulting on payments. You may need to place a bigger deposit on a second mortgage.

All of these details can be discussed with us, so you fully understand the process of acquiring a second mortgage.

Stacey H.

Excellent support, guidance and help from the team. I knew nothing about how to buy a house but the team were so helpful and helped me feel at ease! I completed on my home far quicker than expected and it wouldn’t have been possible without the help of the team. Fantastic guidance as well on arranging home insurance and life insurance, an extra level of support I didn’t expect to receive.

Leon J H.

Brilliant experience will highly recommend this was a really good and really fast process and will use again in future, with being in the army time was very difficult and they was really supportive and time efficient on getting in touch and understanding when I was busy with being overseas, Carnt thank them enough now I have my own home Thankyou

Jayne H.

Claire and her team were brilliant helping us with our mortgage. I would highly recommend them to anyone and will continue to use their services.

Gaz P.

Excellent service, one phone call and everything was sorted, no hassle, no stress. Highly recommended.

Craig C.

Would definitely recommend this service as through our experience, they were just a call away to answer any questions we had and always put our best interests first. They kept us at ease as we were very nervous going through the house buying process but they always up to date and explained everything very well.