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Further advances vs. Second Charge mortgages

House money writing
Second charge mortgages | Haley McPherson

When customers wish to borrow additional capital against their property equity, they will inevitably look to you for a rundown of possible options. And while refinancing their existing First mortgage may seem like the obvious way forward, it’s not always a comfortable fit for a borrower, especially if it would require tearing up an existing, highly-attractive tracker or fixed-rate deal.

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