Spring is the season of new beginnings. It’s when we clear out the clutter, dust off long-forgotten plans, and start to nurture the things that matter most. For your clients, it’s the perfect time to spring clean not just their homes, but their finances – and second charge mortgages could be just the tool they need to make it happen.
At Positive Lending, we help brokers unlock the full potential of second charge finance, giving clients the flexibility to fund their goals without disturbing their first charge mortgage. Whether they’re consolidating debt, renovating their property, or investing in their family’s future, there’s a second charge solution ready to support them.
Here are just some of the ways second charge lending can help your clients BLOOM this spring:
🌿 Spring Clean Their Finances
Our client required a short-term funding solution to support their family business. The funds were raised in the client’s personal name and gifted to their son and daughter’s limited company, which then used the funds to settle an intercompany loan. This was a vital step in obtaining HMRC clearance for a tax-efficient company share buyback.
🌸 Refresh Their Living Space
Home renovations are a classic springtime project. Whether it’s a new kitchen, converting the loft, or refreshing the garden for summer, second charge funding offers an efficient route to raise capital, particularly when a remortgage or further advance isn’t viable.
🌼 Help Their Seedlings Grow
Education is one of the most meaningful investments a client can make. School fees, university tuition, or accommodation costs can all be supported through second charge borrowing giving children or grandchildren the best possible start in life.
🌷 Support New Chapters
From weddings and gifted deposits to buying a family member out of the property, second charge mortgages provide a flexible way to fund big life events without sacrificing existing mortgage terms or incurring early repayment charges.
🌺 Plant the Seeds of a Business
For entrepreneurial clients, spring is a great time to take that next step whether that’s injecting funds into a growing business, purchasing a commercial vehicle, or covering a tax bill. We support a wide range of purposes, including those with more complex income such as contractors or self-employed borrowers.
🪴 Tend to Unique Circumstances
At Positive Lending, we don’t shy away from the unusual. We work with clients who have non-standard income sources, are in probation periods, or have historic or ongoing credit issues. We can even support capital raising for land purchase, foreign property, or luxury items like cosmetic surgery and vintage cars.
Why Second Charge?
☑️ Protect a competitive first charge rate
☑️ Borrow larger sums than a personal loan
☑️ Avoid high ERCs on the main mortgage
☑️ More flexible underwriting
☑️ Quicker access to funds
☑️ Borrow for any legal purpose
☑️ Benefit from stronger affordability
☑️ Unlock more equity with higher LTVs
Whether it’s a fresh coat of paint or a fresh financial start, second charge mortgages provide a powerful, flexible solution this spring. And with our expert team behind you, you’ll be equipped to help every client grow in the direction that’s right for them.
Let’s help your clients flourish
Get in touch today by simply CLICKING HERE to fill in our contact form and one of our expert team will get back to you!