Buy To Let Second Charge Mortgages

Buy to Let Second Charges - Explained

Buy To Let (BTL) Secured Loans are for people who have at least one investment property, they don’t always have to own their own home and can often help people who aren’t credit worthy with the high street to get a loan.

A BTL Second charge mortgage allows you to use the equity you have in your property, as security against another loan, it means you will essentially have two mortgages on your Investment property.

They should be considered if you’re looking to raise equity, without breaking your current mortgage deal and will help you avoid incurring heavy redemption penalties from your first charge lender. A BTL Secured Loan can also help you avoid moving from your current provider when you have a low interest rate.

Buy To Let Secured Loans are available from £5,000 to £500,000 and we can arrange finance up to a maximum of 75% of the properties equity. Beech Finance are specialists in Buy To Let Second Charges and we have one of the widest panels for placing this type of mortgage in the UK.

We can help you even if you have the following:

  • Satisfied or unsatisfied Defaults and County Court Judgements.
  • Secured Arrears in last 12 months.
  • Credit card & Unsecured loan arrears.
  • Paid in cash, providing you have a tenancy agreement in place.
  • Residential investment properties that have DSS payments.
  • Available to both employed and self employed applicants.
  • Unlimited residential investment properties.

We also offer the following products

  • We can take your employed/self employed income into consideration
  • England, Scotland & Wales.
  • Minimum term 3 years, maximum term 25 years.
  • Capital & Interest only Products available.
  • Loans for any purpose including help to fund the purchase of additional properties.
  • Maximum age on completion of the loan is 80 years old.
  • Early Repayment Charges will apply.

If you would prefer to speak to one of our advisor’s, please call 0800 195 6710.