Second Charge Mortgages for UK Expats & Non-UK Residents
Many customers looking to release capital or equity in their property prefer a second charge as opposed to a remortgage. With a second charge mortgage, the second lender takes second priority to the first lender. This means if the property ever needs to be sold, the first lender will have first call on equity in the property. This option can allow you to avoid the often-costly process of re-mortgaging. If you sell your home, you’ll need to pay off your second charge mortgage. Or, if your lender allows it, transfer the second mortgage to a new property.
Get a free Second Charge Mortgage quote today
Our team of experienced expat mortgage specialists can simplify the process of finding and securing a second charge mortgage for a property in the UK – without you even needing to set foot in the country.