You can use this to secure a loan for business purposes and make your ideas a reality. All without affecting your existing mortgage. Need fast funds to kick-start a new venture, or extra funding to boost your existing business or New business A secured loan is sometimes known as a 'second-charge' mortgage. It runs alongside, but independent of, your existing mortgage.
It has its own rate and terms, and you'll make repayments on both this and your existing mortgage. It's an alternative to remortgaging if you don't want to give up your existing rate, and may mean you repay less overall. Our qualified mortgage advisers can talk you through the pros and cons of each option.
Borrow more with a Homeowner Business Loan.