Case Study
Georgia Walton arranged a £200,000 second‑charge mortgage at 80% LTV, priced at 7.26% on a capital‑repayment basis, enabling the clients to consolidate high‑cost renovation‑related debts into a far more affordable structure while completing the remaining home improvement works.
More than £5,277 per month in unsecured debt repayments—built up during a substantial renovation project—were refinanced into a new second‑charge loan costing just £1,738.85 per month, creating a significant reduction in monthly outgoings and restoring long‑term financial stability.
Despite complexities around large accumulated debts and the clients being tied into their first‑charge mortgage with sizeable early repayment charges, the deal completed in just three working days, supported by an AVM that removed the need for an upfront valuation and ensured a smooth, fast turnaround.
Subject to status. Product and criteria availability is subject to change or withdrawal at any time. For intermediaries only.
