Finding a mortgage with a poor credit history is difficult and has to be approached very carefully because of the shortage of lenders available in this market. Having the advice of a qualified Poor Credit Mortgage Broker will greatly enhance your chances. With only a few sub prime lenders to choose from, getting it right first time is very important.

Steven Neale – Specialist Bad Credit Mortgage Broker

Steve and Sue made the whole process very easy and calming. The advice given set me at ease as I thought I wouldn’t be able to get a mortgage due to credit issues of the past. Highly recommend!

Mr Wright
11th Mar 2020

Thanks both for all your help!

14 Feb 2020

Excellent service, always informed me of any information required in a timely manor.

Ms Ross
13 Feb 2020

Steven and Sue were extremely helpful and knowledgeable and their calming influences made us feel at ease throughout the whole process.

03 Feb 2020

Very obliging, helpful and provided all the guidance we could have expected.

23 Jan 2020

Steve provided an excellent service to us and ensured we had the necessary documentation in readiness for our mortgage application. He was very patient in dealing with all our enquiries looking through several scenarios to suit our situation. The process was seamless and very satisfactory.

13 Jan 2020

SN Mortgages understood our position extremely well, even when there was an unexpected potential move rather than the remortgage.

28 Nov 2019

Thank you – yet again! We have organised a variety of mortgages over the years with SN Mortgages. The mortgage process is always complex by nature, but Steve and Sue always make the ‘journey’ as seamless as possible. Calm, friendly, helpful.

28 Nov 2019

S N Mortgages have provided an excellent service. They have been very accommodating to my personal requirements and provided a timely, yet thorough service. They provided multiple product options and talked me through the benefits in each case. Thank you both for your support and patience.

Mr & Mrs Tarring
14 Nov 2019

Thank you Steve & Sue for all your hard work in in securing a mortgage for us to purchase our first home. No query or question was too much trouble, thanks again.

Mr Hockley & Miss Lee
07 Nov 2019

As always, both Steven and Sue were knowledgeable, helpful, informative, quick and a pleasure to deal with.

Clive Saffron
19 Aug 2019

Second Charge Mortgage LoansCan I get a Second Charge Mortgage Loan?

Do you need a loan but your existing mortgage lender has said no?

The answer maybe a Second Charge Mortgage if you have:

  • Credit card or loans debts on high interest rates
  • Need funds to put your children through University
  • Pay for school fees
  • Buy a new car or holiday home
  • Carry out some home improvements
  • Give your children or grandchildren a deposit so they can buy their own home
  • Pay for a Wedding
  • ‘Pay off’ a mortgage partner
  • Have a tax bill to pay
  • Deposit for a Buy to Let property
  • Tied into a fixed rate mortgage with redemption penalties
  • Raise capital for business purposes
  • Clear your Overdraft
  • You want to keep your low interest rate mortgage product with your existing lender
  • You have adverse credit and your existing lender will not lend to you
  • Been offered a further advance from your current lender but at a higher interest rate
  • Currently on an interest only mortgage
  • Recently self-employed, retired or have income from multiple sources
  • Cash flow problems – take a Second Charge Loan whilst waiting for debtors to pay you
  • Repay a Directors loan

These are only some of the many reasons why a Second Charge Mortgage may be the answer.

What is a Second Charge Mortgage?

It is simply another loan secured on your property just like your mortgage. Your mortgage lender has a first charge on your property so is first to be paid if you sold your property followed by a second charge lender.

What interest rate do they charge?

Because second charge lenders are second to be paid, the risk is they may not get all of their money back if your property was sold. Therefore, they charge a slightly higher interest rate. The good news is the more equity you have in your home, the safer they feel so the interest rate they charge would be lower.

The Second Charge Loan market is very buoyant at the moment with lots of lenders looking to lend. Although interest rates are not as low as first charge lenders (i.e. the High Street mortgage lenders) rates are still very competitive.

To find out more, please give me a call and I can put you in touch with one of the expert firms I deal with for Second Charge Loans.

Secured Loans are provided by Introduction Only

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.

For more information on how I can help you with Second Charge Loans, please call me on: 01494 526400 or complete my online enquiry form.


Years of Experience

I specialise in Bad Credit Mortgages for people who have a poor credit history because of any number of reasons.

Choice of Lenders

I am a Whole of Market, Mortgage Broker meaning I can talk to every lender to see about finding you the right mortgage.

Saving You Money

As a specialist Mortgage Broker for over 30 years I have a great deal of experience that will help save you time & money.