Second Charge Mortgage
Flexible, fast second charge loans — access extra funds without changing your main mortgage, and stay in control of your property finances.
Borrow from £10,000 to £25m for minimum 06 months, from as low as 3.50% per annum.
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What Is Second Charge Mortgage?
A second charge mortgage allows you to borrow additional funds against the value of your property — without changing or replacing your existing mortgage. It’s a smart option if you want to retain a competitive interest rate or avoid early repayment charges on your current mortgage deal.
Because this type of loan is secured against your home, it often comes with lower interest rates than unsecured lending options like credit cards or personal loans. It offers a flexible way to:
- Consolidate existing debts
- Fund home improvements or renovations
- Cover large expenses or investments
Best of all, your original mortgage remains untouched — meaning you can benefit from additional financing without losing any favourable terms you’ve already secured.
Second Charge Mortgages from £10,000
Up to 100% Loan-to-Value
Funds secured typically within 2–3 weeks
Loan purposes include home improvements, debt consolidation, second home deposit, business use, and more
Terms from 06 months to 30 years
No early redemption fee and no legal cost options available
FINANCE DEALS
COMMERCIAL BRIDGING LOAN TO REFINANCE LONDON HOTEL BEFORE SALE
- AREA
- LONDON
- CAPITAL RAISED
- £13.8m
- AREA
- LONDON
COMMERCIAL BRIDGING LOAN TO REFINANCE LONDON HOTEL BEFORE SALE
- AREA
- LONDON
- CAPITAL RAISED
- £13.8m
- AREA
- LONDON
COMMERCIAL BRIDGING LOAN TO REFINANCE LONDON HOTEL BEFORE SALE
- AREA
- LONDON
- CAPITAL RAISED
- £13.8m
- AREA
- LONDON
Why Clients Trust Westminster Finance
With the right guidance, second charge mortgages can be a smart, flexible, and efficient way to release equity without disturbing your main mortgage.
Here are three reasons why clients consistently choose and trust us.
Market-Leading Rates
We provide access to market-leading rates for every client, thanks to our relationships with close to 100 lenders.
Multi-Award-Winning Team
Our team of mortgage advisers have over 40 years of experience and are qualified to the highest level. We’re proud to have numerous customer service awards to our name.
Fully Independent
Our Experts
Fergus Allen
Head of Bridging CeMAP
Mathew Phillips
Senior Finance Broker CeMAP
Paige Dumpleton
Finance Broker CeMAP
How We Work
1. Get a Tailored Quote
Our bridging specialists will carefully review your plans and provide an honest, expert assessment. You’ll receive an overview of achievable terms, cost estimates, and whether bridging finance is the most suitable option for your situation.
2. Secure a Decision in Principle
Within 24–48 hours, we’ll obtain a Decision in Principle from a trusted lender. This strengthens your position with estate agents and sellers, and if needed, we’ll speak directly with them to support your case.
3. Submit Your Application
Once your offer is accepted, we’ll handle the full application process. From valuations to legal checks, we coordinate with all parties to ensure everything moves swiftly and smoothly.
4. Receive Your Funds
You’ll be kept informed at every step until the funds are released and your purchase is complete. Even after completion, we remain on hand to support you throughout your loan term.
Ready to move fast on your next property opportunity?
Let us help you explore whether second charge finance is the right fit. Our experts will guide you every step of the way handling the details so you can focus on your goals.