Second Charge

Second Charge Mortgages are a fast and often, more suitable way of raising money than a conventional re-mortgage. Our decision making process isn’t solely based on a credit score. We offer a comprehensive range of products from an extensive panel of lenders covering both prime and non conforming lending solutions to suit your circumstances.

  • Loans from £5,000 to £500,000
  • Rates from 4.49%
  • Loans up to 95% LTV
  • Employed and Self Employed
  • Minimum Time Employed 2 Months
  • Employed, Self Employed, DWP and additional income accepted
  • Minimum Term from 3 Years
  • Adverse Credit and Excellent Credit Ratings Accepted
  • Self Employed 6 Months
  • Fast turnaround times

Call us on 01992 568815

Our team are waiting to assist you with a solution to your case so call us on 01992 568815. Should you prefer email, contact us at sales@platinumoptions.co.uk

Case Studies

Downsizing?

Husband and wife age 72 & 76 looking to downsize. They found a property they wish to purchase but had an offer pulled on the one they are selling. Rather than risking missing out on the house they used a bridging loan to purchase the new property and their exit method was once their home sold.

Current house value £1,000,000 | New House Value £400,000 | LTV 40% | Rate 0.49% | Term 12 Months (Regulated) | No Exit Fee | Completed in 10 working days

Strict timeframe

Women Aged mid 40's in Wales Going through a divorce and had a strict timeframe in which to pay off ex-partner or she would lose the house.

House Value £1,850,000 | Loan Size £1,179,114 | LTV 63% | Rate 0.75% | Term 12 Months (Regulated) | No Exit Fee
www.platinumoptions.co.uk

Unsatisfied ccj's

Man in his 50's with a couple unsatisfied ccj's totalling £13,000 needed to purchase a new house but was unable to get a mortgage. We used his house as security and was able to satisfy his ccj's as well as raise the amount he needed to purchase a new home before selling his current house.

House Value £500,000 | Loan size £350,000 | LTV 70% | Rate 1% | Term 12 Months (Regulated) | No Exit Fee
www.platinumoptions.co.uk

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