100% LTV Second Charge Mortgages [Case Study]

Simon Nicholson

Written by Simon Nicholson on July 9, 2018

Updated July 18, 2019

We break the mould on second charge mortgages

The Problem

Clients wanted to borrow a £30,000 loan to complete an extension on their end terrace property. They were 12 months into a 2 year fixed rate with the Halifax and their broker could not find a 100% LTV remortgage, the existing lender coincidentally would not consider a further advance either.


After carrying out research including a soft quotation credit search one of our advisers referred the enquiry to one of our lenders based upon the merits of the case. At this LTV we had three lenders who would consider this application and with limited options in theory more difficult to place however in practice and our expertise , we found a solution.


The lender approved the referral within an hour for the amount requested with a rate of 11.5% at 100% LTV.

Get in touch

Learn More Available via broker only

Smart Money


This provider is our Expert’s Choice in its category as it won tops marks for the following.


Learn more about how we review and assess the providers here on Lending Expert.

Loan Amount
£10,000 - £1,000,000

Representative APRC

Loan Term
3 - 35 years

Loan Type
& Buy to Let

Homeowners Only
Max LTV 100%

Rated 5.0/ 5

All credit types

Award winning broker of the year Smart Money have made it to the top of our list as our No 1 recommended provider for homeowner and buy to let loans. They are independent and have access to the major lenders in the market.

Representative Example

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