Second Charge Mortgages

Second charge mortgages are often called second mortgages because they are a secured loan used to raise extra money, instead of remortgaging or taking out a personal loan. Second charge mortgages use the borrower's home as security. “The second charge mortgage market has reported new business growth in six out of eight months so far in 2018." Read more https://www.mortgageintroducer.com/second-charge-mortgage-volumes-6-year-year/