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T 01444 440 530

E info@wootonandbean.co.uk

1st Floor, 65 The Broadway,
Haywards Heath, RH16 3AS

Second Charge Loans

Second charge loans are available for residential or buy to let and can be used as an alternative to a remortgage for almost any purpose. 


Why take a second charge?

• If your credit rating has worsened since taking out your first mortgage, remortgaging could mean you end up paying more interest on your entire mortgage, rather than just on the extra amount you want to borrow

• If your mortgage has a high early repayment charge, it may be cheaper for you to take out a second charge mortgage rather than to remortgage

• If you are failing affordability with your current lender 

• You may only need short term funding or quick access to funds.

Think carefully before securing other debts against your home.

A mortgage is a loan secured against your home or property. Your home or property may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it. 

The guidance provided within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.

Wooton & Bean is a trading name of Wooton & Bean Financial Solutions Limited.

Wooton & Bean Financial Solutions Limited is an appointed representative of TenetLime Limited, which is authorised and regulated by the Financial Conduct Authority.


TenetLime Limited is entered on the Financial Services Register (www.fca.org.uk/register) under reference 311266.

Registered office: 1st Floor, 65 The Broadway, Haywards Heath, RH16 3AS. Registered in England No:9187571