Second Charge Loans

Introduction to Second Charge Loans

Second Charge Loans is a financial services company based in Maidstone, England. The company was established to provide unique and flexible finance options to individuals who own a property. What makes this company stand out is its ability to offer second charge loans, which means that customers can borrow money using their home equity as collateral while keeping their existing first mortgage.

Services & Products

Second Charge Loans offers a range of services to its customers, including second charge loans, debt consolidation loans, and bridging loans. Customers can borrow up to £2.5 million with loan terms ranging from 3 to 30 years. The company also provides a free initial consultation to help customers determine which loan option is best for their specific circumstances.

Location

The company is located in the Riverside Suite at 50 Clifford Way in Maidstone. Maidstone is a bustling town in the county of Kent, known for its historic architecture and picturesque countryside. The area is home to a variety of businesses, including retail shops, restaurants, and professional services. The nearest public transportation options are the Maidstone East railway station, the Maidstone Barracks railway station, and the Maidstone Bus Station, all within 1 mile of the company.

Benefits

Customers should choose Second Charge Loans because of its unique ability to provide second charge loans, which can be a more flexible and affordable alternative to traditional loans. The company also offers personalized loan options and a free initial consultation to help customers find the best loan for their specific circumstances. Additionally, Second Charge Loans has a team of experienced financial advisors who can answer any questions customers may have and guide them through the loan application process.

Good to Know

Customers should be aware that Second Charge Loans requires customers to have a minimum credit score of 550 and a minimum income of £25,000 per year to be eligible for a loan. Additionally, failure to repay a loan could result in the loss of the borrower's property.

Reviews

Customers have praised Second Charge Loans for its friendly and knowledgeable staff, personalized loan options, and quick loan approval process. They have also appreciated the company's willingness to work with customers who have less than perfect credit scores or unique financial circumstances.