Second Charge Mortgages with TFC Homeloans
A second charge is an alternative to a standard first charge mortgage. If your client has a low interest rate or early redemption charges on their current mortgages then conducting a remortgage to capital raise may not be the best way to go.
TFC do not charge an application fee, a completion fee will be charged.
We can offer a first and second charge mortgage comparison to make an informed decision. As a second charge is a regulated loan it does form part of the advice process.
Money can be raised for any personal reasons such as
Borrowers should be made aware this is an additional charge against their property.
You can advise (check Network terms) or just introduce your case to us.
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