We are delighted to see an increasing number of clients embracing the benefits of second charge mortgages instead of re-motgaging. Rates have been falling significantly this year and more brokers and clients are realising the number of uses for second charge mortgages.
For many clients, remortgages will remain the most appropriate option. But a growing group of specialist borrowers are better served by an alternative solution. There are many areas where clients will be unable to use a traditional re-mortgage but will be able to gain access to funds via a second charge.
Further information on typical client scenarios can be found on our website: brightstarhub.co.uk/second-charge-mortgages