Second Charge Loans With No Early Repayment Charges [No ERC’s]

Simon Nicholson

Written by Simon Nicholson on July 30, 2018

Updated June 28, 2019

Secured loans ERC free

looking to secure a Fixed Rate on their new mortgage but don’t want to get stung by the Early Repayment Charge? Our diverse panel can offer Fixed Rate second charge mortgage products ERC Free.

With potential uncertainty and looming Brexit – You can have the best of both worlds. Beating the interest rates rises and securing that rate for the next 2,3 or 5 years. These products offer a penalty free facility if redeemed early – Get the best advice and consider a second charge for your capital raising needs.

Key Facts

  • Rates from 4.08%
  • Terms 5-30 years
  • Loans from £10,000 to £2,500,000
  • LTV up to 95%
  • All credit profiles considered

Experienced advisors

We only recruit staff that are CeMAP qualified and with a minimum 5 years experience in second charge mortgages which means you get the best advice from experienced brokers.

Get in touch

Learn More
All credit types
Rated 5.0/ 5

Smart Money Why?
Why?

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

  • TRUST
  • VALUE
  • EXPERTISE & KNOWLEDGE
  • CUSTOMER SERVICE

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

Loan Amount
£10,000 - £1,000,000

Representative APRC
From 7.1%

Loan Term
3 - 35 years

Loan Type
Residential
& Buy to Let

Status
Homeowners Only
Max LTV 100%

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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