Need a second charge mortgage? You’re in the right place. We’re specialist mortgage brokers with a proven track record of making second charge mortgages possible for people like you.
A second charge mortgage is a loan where you use the equity you have in your home as security. It basically means you’ll have two mortgages running on your home.
Equity is the percentage of your property owned outright by you, which is the value of the home minus any mortgage owed on it. A second charge mortgage allows you to use equity in your home as security against another loan.
You need to be a homeowner to take out a second charge mortgage, but you don’t need to live in the property. This means if you’re a landlord, then you may be able to use your rented property against your loan.
But just like any mortgage, if you fail to keep up with the payments then you run the risk of losing your home. Your initial mortgage always takes precedence over a second charge one in these scenarios.
We get how it feels when you’re refused a mortgage. We’ve been there. Haysto exists because the mortgage world is broken. If you don’t have a shiny credit rating, you’re self-employed with a complex income, or just don’t fit the mould, the odds are completely stacked against you. We just don’t think that’s fair.
Unlike others, we only work on bad credit, self-employed and complex mortgages. That’s all we do. And we’re up for a challenge.
No robots, no automated answers. We use technology to connect you to a real person. Not replace them.
We only get paid when your mortgage is approved.
Get connected to a specialist second charge mortgage broker who can make a mortgage possible for you.