If you need an additional loan for any purpose - whether personal or business - without changing your current mortgage arrangements, you may find a loan company willing to lend what you need by securing their loan on your mortgaged property. Your mortgage would always take priority in terms of security (i.e. be paid off first if you were to default on your payments and your property be repossessed), and the additional borrowing would follow as a subsequent 'charge' on your home.
The rates charged for secured loans like this are usually higher than a normal mortgage, but at Mortgage Dimensions we are experienced at finding the best deals and rates available in your particular circumstances.
Unlike some brokers who have an arrangement with just one loan company, we will search the whole market for the lender and loan that is right for you.
To find out more and discuss your requirements for a secured loan simply call us and we'll be pleased to assist.
Call to talk to us on
0845 021 0212
