Our second charge mortgage

Optimum Credit could offer you a second charge mortgage from £5,000 to £500,000 with repayment terms between 3 and 25 years based on your individual circumstances and credit checks.

We offer competitive fixed, discounted and variable rate products. Interest rates can be fixed for terms of between 2 and 5 years, discounts may be available for 12 or 24 months.  Optimum products are available by application either directly via our fully qualified mortgage advisors or through one of our carefully selected Broker intermediaries (in both cases fees may apply).

You may be able to borrow up to 95% of your property’s value, less the existing mortgage balance, subject to a satisfactory valuation and a minimum property value.

One of our qualified mortgage advisers will discuss your specific requirements with you before recommending a suitable mortgage from Optimum's product range based upon your individual circumstances and needs.  

We offer a straightforward, customer friendly approach, both during your application  process and after completion of your second charge mortgage. We offer you the flexibility to make overpayments, at any time, without applying any form of financial penalty.

You can repay your second charge mortgage in full at any time, however early repayment charges may apply.  Full details are contained in your Mortgage Offer document sent prior to completion or in the 'Early Repayment Section' on the reverse of your Loan Agreement.  Please be aware that if consolidating existing credit this may result in you extending the repayment term of your debt and could increase the total amount you repay.

Please do not hesitate to contact us if you are uncertain about the early repayment charges on your second charge mortgage account.


Think carefully before securing other debts against your property.
Your property may be repossessed if you do not keep up repayments on your mortgage.