Secured Loans & Second Charge Mortgages
Raise capital against your property without disturbing your existing mortgage. Borrow for any legal purpose with competitive secured loan rates.
Keep Your Rate, Raise More Capital
A secured loan (also known as a second charge mortgage) lets you borrow against the equity in your property without remortgaging. This is particularly valuable when you're on a competitive fixed rate you don't want to lose, when early repayment charges make remortgaging expensive, or when you need funds for a purpose your first charge lender wouldn't accommodate.
What We Can Arrange
Get Expert Advice
Free, no-obligation consultation. We'll be in touch within 24 hours.
When Is a Secured Loan Better Than Remortgaging?
- • You're locked into a competitive fixed rate with high early repayment charges
- • Your first charge lender won't lend the additional amount you need
- • You have adverse credit that has developed since your first mortgage
- • You need to raise capital quickly and a secured loan is faster to arrange
- • You want to consolidate debts without changing your main mortgage
- • Your income has changed and you might not pass your current lender's affordability on a remortgage
Key Criteria
• Maximum LTV: Up to 90% combined (first charge + second charge), subject to credit profile and lender.
• Loan amounts: Typically from £10,000 to £2,000,000+.
• Terms: 1 to 30 years depending on purpose and lender.
• Credit profile: Clean, near-prime and adverse credit all considered.
• Income types: Employed, self-employed, contractor, pension and rental income.
How It Works
Initial Consultation
We discuss your situation, income, goals and any concerns — at our expense and without obligation.
Market Search
We search our extensive lender panel including specialist lenders to find the best deal.
Application
We prepare and submit your application, managing all lender communications.
Completion
We coordinate with solicitors and the lender through to completion day.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
A secured loan is a loan secured against your property. Think carefully before securing other debts against your home. Chess Mortgages is a trading style of Chess Property Services (London) Limited (Company No. 6575229), authorised and regulated by the Financial Conduct Authority (FCA No. 748976).
Frequently Asked Questions
Ready to Get Started?
Speak with one of our expert advisers today — initial consultation at our expense, and without obligation.