This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Cookie Policy. Read more

Mortgage & Equity Release - Call Us 0117 403 4474

or Book Appointment

2.49% 2 Year Fixed

  • 60% LTV
  • Overall cost for comparison 3.90% APRC

Representative Example: Mortgage of £100,000 on property valued at £200,000 over term of 25 years. Rate fixed untilfor 26 months after which reverts to HSBC variable rate of 4.04%.

Go to HSBC website »

HSBC 2 Year Fixed

  • Initial Rate 2.94%
  • 95% LTV
  • Overall cost for comparison 4%

Representative Example: 

Mortgage of £100k on property valued at £200k over term of 26 months. Rate fixed for 2 years after which reverts to HSBC variable rate of 4.04%.

Go to HSBC website »

Details sort by initial rateLenderInitial rate Rate type Overall cost for comparisonMax LTVProduct feeMonthly cost Enquire
Initial rate: 2.39%
Rate type: 2.39% Fixed for 2 years
Monthly cost: £797.57 per month
Max LTV: 95%
Product fee: £1,149
Overall cost for comparison: 4.7% APRC
Monmouthshire BS logo 2.39% 2.39% Fixed for 2 years 4.7% APRC 95% £1,149 £797.57 per month get quotes Call us0117 403 4474 More details Broker Only Deal
Initial rate: 2.49%
Rate type: 2.49% Fixed to 01/10/2024
Monthly cost: £806.60 per month
Max LTV: 65%
Product fee: £995
Overall cost for comparison: 4.5% APRC
Virgin Money logo 2.49% 2.49% Fixed to 01/10/2024 4.5% APRC 65% £995 £300 cashback £806.60 per month get quotes Call direct0330 057 1528 Broker Only Deal
Initial rate: 2.51%
Rate type: 2.51% Fixed to 31/07/2027
Monthly cost: £808.42 per month
Max LTV: 60%
Product fee: £1,499
Overall cost for comparison: 3.6% APRC
HSBC logo 2.51% 2.51% Fixed to 31/07/2027 3.6% APRC 60% £1,499 £808.42 per month get quotes
Initial rate: 2.53%
Rate type: 2.53% Fixed to 01/10/2027
Monthly cost: £810.23 per month
Max LTV: 65%
Product fee: £995
Overall cost for comparison: 4.0% APRC
Virgin Money logo 2.53% 2.53% Fixed to 01/10/2027 4.0% APRC 65% £995 £300 cashback £810.23 per month get quotes Call direct0330 057 1528 Broker Only Deal
Initial rate: 2.54%
Rate type: 2.54% Fixed for 5 years
Monthly cost: £811.14 per month
Max LTV: 60%
Product fee: £490
Overall cost for comparison: 3.5% APRC
first direct logo 2.54% 2.54% Fixed for 5 years 3.5% APRC 60% £490 £811.14 per month get quotes Call direct0808 296 5500
Initial rate: 2.54%
Rate type: 2.54% Fixed for 2 years
Monthly cost: £811.14 per month
Max LTV: 60%
Product fee: £490
Overall cost for comparison: 3.9% APRC
first direct logo 2.54% 2.54% Fixed for 2 years 3.9% APRC 60% £490 £811.14 per month get quotes Call direct0808 296 5500
Initial rate: 2.54%
Rate type: 2.54% Fixed to 31/07/2024
Monthly cost: £811.14 per month
Max LTV: 60%
Product fee: £999
Overall cost for comparison: 3.9% APRC
HSBC logo 2.54% 2.54% Fixed to 31/07/2024 3.9% APRC 60% £999 £811.14 per month get quotes
Initial rate: 2.54%
Rate type: 2.54% Fixed to 31/07/2025
Monthly cost: £811.14 per month
Max LTV: 60%
Product fee: £999
Overall cost for comparison: 3.8% APRC
HSBC logo 2.54% 2.54% Fixed to 31/07/2025 3.8% APRC 60% £999 £811.14 per month get quotes
Initial rate: 2.54%
Rate type: 2.54% Fixed to 31/07/2027
Monthly cost: £811.14 per month
Max LTV: 60%
Product fee: £999
Overall cost for comparison: 3.5% APRC
HSBC logo 2.54% 2.54% Fixed to 31/07/2027 3.5% APRC 60% £999 £811.14 per month get quotes
Initial rate: 2.54%
Rate type: 2.54% Fixed to 02/09/2024
Monthly cost: £811.14 per month
Max LTV: 60%
Product fee: £999
Overall cost for comparison: 4.0% APRC
Santander logo 2.54% 2.54% Fixed to 02/09/2024 4.0% APRC 60% £999 £811.14 per month get quotes Call us0117 403 4474 More details
12345678910...

Representative Example:

A repayment mortgage of £120,000 payable over 28 years and 1 month initially on a fixed rate for 2 years at 1.99% and then on the lender current variable rate of 3.69% (variable) for the remaining 26 years and 1 month would require 24 monthly payments of £465.20 and 312 monthly payments of £565.39 and one final payment of £565.19.

 

The total amount payable would be £189,357.67 made up of the loan amount plus interest (£68,161.67), booking fee (£999), completion fee (£30) and valuation fee (£197).

 

In this example the overall cost for comparison is 3.7% APRC representative.

 

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT

Applying For A Second Mortgage UK

Second Mortgage Service

We offer a first class service if you are looking for a 2nd mortgage. 

Special features of what we offer include:

  • Borrow from £25,000 up to £2.5m
  • Market leading rates
  • Exclusive rates - Access to exclusive loan deals not available on high street
  • Fast turnaround - 15 working days possible
  • Not a perfect credit record? We have lenders who will take into account previous defaults and missed payments
  • Short term finance required? 1 to 12 months - See our bridging loan service

To investigate your second mortgage options call our specialist team or fill in our call back form. 

What is a second mortgage?

Seccond mortgages are loans on a property which are subordinate to the 1st charge mortgage (loan) on the property.

Second mortgages are often known as secured loans, or homeowner loans. 

What can I use a second mortgage for?

A second charge mortgage can be used for almost any legal purpose. This will depend on the lender, but examples of what 2nd charge lenders will accept include:

  • Home improvements, renovations and extensions
  • Property development
  • Purchasing a second home in the UK or abroad
  • Buying property at auction
  • Debt consolidation
  • Additional property
  • Car/Vehicle purchase
  • Medical bills
  • School fees

How do I get a second mortgage?

Different lenders have different criteria but some general rules of thumb are:

  • You need to have an existing mortgage in place 
  • You will need sufficient equity in your property - typically a second charge lender will not lend based on the loan you are looking for over 90% LTV taking into account the existing first mortgage.
  • Your credit history will be a factor. Lenders take different views on previous credit blips so talk to us for futher information
  • Location - where you live in the UK may determine whether you can raise finance on a second charge basis

To find the best second mortgage rates and options open to you call us today.

 

house icon

Request Call Back - Second Mortgage Service

For a FREE initial conversation about your second mortgage options complete our short enquiry form.

request call back

Please confirm your details

Extra information

The optional information below will help us to contact you

Why Fair Mortgages?