Home Improvement 2nd Charge

They wanted to raise £50,000 to extend their property.

Mr and Mrs Jones were 3 years into a 5 year fixed rate on their 1st charge. The early repayment charge was £6748 to remortgage.

Their mortgage advisor referred them to SFC Seconds who raised the full amount on a rate of 5.8% fixed for 2 years.

The additional £50,000 took the LTV just below 85%. Mr and Mrs Jones had recently missed a couple of credit card payments, but at the time of application were up to date and so were not penalised on rate. As the lender guaranteed the property value, no valuation was required.

The introducing broker will be able to re-mortgage them in 2 years to clear the 2nd charge, likely at a lower rate due to the extension increasing the house value and therefore reducing the LTV.

Whether the requirement of your client is for a second charge mortgage, bridging loan, residential mortgage, commercial finance, development finance or a buy-to-let mortgage, the Specialist Finance Centre team is here to support. Call us on 029 2021 8630.

Row of houses

Second Charge Mortgage Services

Your SFC Seconds Team

The way we do business is driven by our people – from our specialist mortgage advisors to our business development managers. Find out more about who we are here.

  • Dale Treharne-Morgan

    Dale Treharne-Morgan

    Specialist Mortgage Advisor

  • Frazer Hurley

    Frazer Hurley

    Partnerships Manager

  • Gareth Hopkins

    Gareth Hopkins

    Senior Specialist Mortgage Advisor

  • Gareth Perkins

    Gareth Perkins

    Partnerships Manager

  • Humaira Soobiah

    Humaira Soobiah

    Broker Relationship Manager

  • Julian Morris

    Julian Morris

    Senior Specialist Mortgage Advisor

  • Natalie Williams

    Natalie Williams

    Senior Specialist Mortgage Advisor

  • Neil Mace

    Neil Mace

    Senior Specialist Mortgage Advisor

  • Mark Jenkins

    Mark Jenkins

    Business Development Manager

  • Patrick Baker

    Patrick Baker

    Case Manager

  • Rebecca Bailey

    Rebecca Bailey

    Senior Specialist Mortgage Advisor


What some of our introducers have said:

I would to thank all the team at Specialist Finance Centre for their help with a recent lifetime mortgage enquiry. This case was a little difficult yet they managed to arrange the mortgage to the satisfaction of the client. They were very professional, efficient and kept me up-to-date on the progress of the case through the whole application process. I would highly recommend them and will certainly be referring more mortgage cases to them in the future.

JK, Porthmadog

Specialist Finance Centre were helpful when I had a case that was a bit tricky to say the least. Gareth stayed connected with the client, who was working in Ukraine and even with the situation there, managed to get the case offered and completed within 6 weeks, and that was allowing for the post from there as well. Highly recommend others to use them.

AD, London

SFC are the easiest specialist sourcing firm I have dealt with in the last 17 years in this industry.
Like myself their advisers genuinely work towards the best possible outcome for my clients, whilst always keeping me in the loop of their application journey.  Every client I have sent to SFC have been dealt with professionally and the applications have gone through really quickly – all my customers have feedback only positive reviews of SFC.  Gareth is frequently in touch with me to keep me up to date with how SFC can help my clients in this changing world and market and his support with my specialist cases have been invaluable.

PL, Grantham

Daniel and his team always deal with me and my colleagues in a professional way. Dan always has the attitude no matter what the enquiry I can help. It has always been a privilege working with him and I definitely will continue the relationship. I encourage any new introducer to give Dan and his Team a try as you won’t be disappointed.

PH, Guildford

I found Gareth Hopkins as a highly professional and knowledgeable mortgage advisor.  He is always reachable and ready to help. We have a very good and pleasant experience with this organization. There were many difficult cases which Gareth helped us get over the line.

AZ, Leeds

I have had the pleasure in working with Daniel for many years on any secured loan finance cases I receive and he has never let me down. I find the service fast and efficient and everything he says will be done is done. I have every faith and confidence in his work and would not hesitate to recommend him to others.

SI, Bournemouth

I have used SFC for a number of years now and at all times Dan and Ollie go above and beyond my expectations. They deliver what they promise in a clear and concise way, and, feedback from my clients about them reflects that further.  Everything is dealt with in a timely manner and I will not hesitate to continue using their services.

CP, Hailsham

I would just like to say that I deal with many companies such as yours, however the level of service that I have received from you has been fantastic.

Normally I would send a case to a packager/lender, then I would be constantly chasing for a update etc…However with yourself it’s the other way round, always proactive, looking for solutions and getting the cases to completion sooner rather than later.

I genuinely look forward to speaking with you and discuss the cases that I have. I hope the company appreciates you and long may you be with them. Thank you for all your help so far.

SL, Harrow

The team at Specialist Finance Centre have dealt with and managed to successful conclusions many of my cases. Some I thought would be impossible to solve and others cases were just plain difficult!

They have achieved this in a thoroughly professional way and even my clients have commented on how well they have done.

I shall continue to use them as I feel in a busy market place it is difficult to find alternatives that would be better.

PC, Slough