Compare Second Charge Mortgages

Powered by
Fluent Money logo
  • We've teamed up with the UK's favourite second charge broker* Fluent Money to help you in your search for a second charge mortgage.
  • Second charge mortgages, also known as secured loans or homeowner loans, usually have to be applied for through a broker using your property as security.
  • Use the calculator below and get a free no obligation quote that won’t affect your credit rating

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on a loan or any other debt secured on it. Click here for a representative example

12 products found
    • Paragon Bank PLC logo

      Paragon Bank PLC

      • Initial Rate
        3.60%
      • Total Repayments
        £35,767.20
      • Monthly Repayments
        £298.06
    • West One Secured Loans Limited logo

      West One Secured Loans Limited

      • Initial Rate
        3.99%
      • Total Repayments
        £36,430.80
      • Monthly Repayments
        £303.59
    • Optimum Credit Ltd logo

      Optimum Credit Ltd

      • Initial Rate
        4.00%
      • Total Repayments
        £36,448.80
      • Monthly Repayments
        £303.74
    • Masthaven Bank Ltd logo

      Masthaven Bank Ltd

      • Initial Rate
        4.19%
      • Total Repayments
        £36,774
      • Monthly Repayments
        £306.45
    • Shawbrook Bank Limited logo

      Shawbrook Bank Limited

      • Initial Rate
        4.20%
      • Total Repayments
        £36,792
      • Monthly Repayments
        £306.60
    • United Trust Bank logo

      United Trust Bank

      • Initial Rate
        4.45%
      • Total Repayments
        £37,222.80
      • Monthly Repayments
        £310.19
    • Together logo

      Together

      • Initial Rate
        6.65%
      • Total Repayments
        £41,152.80
      • Monthly Repayments
        £342.94
    • Step One Finance Limited logo

      Step One Finance Limited

      • Initial Rate
        6.90%
      • Total Repayments
        £41,613.60
      • Monthly Repayments
        £346.78
    • Oplo logo

      Oplo

      • Initial Rate
        8.00%
      • Total Repayments
        £43,686
      • Monthly Repayments
        £364.05
    • Norton Home Loans logo

      Norton Home Loans

      • Initial Rate
        8.30%
      • Total Repayments
        £44,258.40
      • Monthly Repayments
        £368.82
    • Central Trust Ltd logo

      Central Trust Ltd

      • Initial Rate
        8.50%
      • Total Repayments
        £44,635.20
      • Monthly Repayments
        £371.96
    • Evolution Money logo

      Evolution Money

      • Initial Rate
        10.20%
      • Total Repayments
        £47,973.60
      • Monthly Repayments
        £399.78

Please note: Loans displayed have a minimum term of 12 months and a maximum term of 360 months. Maximum APRC charged 49.9%.

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.

If you are thinking of consolidating existing borrowing you should be aware that you may be extending the terms of the debt and increasing the total amount you repay.

Overall Representative Example for Secured Loans from Fluent Money
Based on borrowing £18,000 over 120 months. Interest Rate: 6.5% fixed for 60 months with instalments of £227.38. Followed by 60 months at the lenders standard variable rate of 4.95% with instalments of £221.71 Total amount payable £26,945.40 comprised of; loan amount (£18,000); interest (£6,920.40); Broker fee and Lender fee
Fees Broker fee (£1,530); Lender fee (£495) Overall cost of comparison 9.1% APRC

Our comparison service features a selection of providers from whom we receive commission. This table is ordered by initial rate. *Fluent Money completes more secured loans than any other broker.

Second Charge Mortgages FAQs

What is a second charge mortgage?

How does a second charge mortgage work?

What is equity?

Why would you take out a second charge mortgage rather than remortgaging?

What do I need to consider before taking out a second charge mortgage?

What happens if I move house?

Important information

NerdWallet UK website is a free service with no charge to the user, for more details on how our site works click here.

Registered Office: Floor 3 Haldin House, Old Bank of England Court, Queen Street, Norwich, Norfolk NR2 4SX Registered in England & Wales No 05409985 and also in accordance with the Data Protection Act (1988) Registration Number: Z955517X

NerdWallet Ltd is authorised and regulated by the Financial Conduct Authority, FRN 771521. In respect of consumer credit, NerdWallet Ltd acts as a credit broker - not a lender.