Helping you find the right deals for your customers

We will help you find the right deals for your customers based on their individual circumstances and we will work hard to get you a quick decision and outcome. If you are interested in working with us, get in touch today.

About us

Welcome to Optimum Credit

Optimum Credit is a leading second charge mortgage provider for homeowners in England, Wales and Scotland. Optimum’s approach to meeting the needs of our customers has seen us advance funds totaling over £1bn since launching in June 2014.

Based in Cardiff and Uxbridge, we offer a range of variable, fixed and discounted second charge mortgages which can be applied for by speaking directly to one of our fully qualified mortgage advisors or approaching one of our carefully selected Broker Intermediaries (in both cases fees may apply).

How we can help you

Our aim is to provide you with a second charge mortgage that meets your clients individual and personal circumstances.

About us

Flexible, competitive and responsible

Second charge mortgages are a solution for many customers in a variety of situations and circumstances. As a responsible lender, Optimum Credit will only lend to customers who, as a result of the application process, we believe have the ability and intention to repay the second charge mortgage.

Optimum Credit could offer your client a second charge mortgage of any amount from £5,000 to £1,000,000.

We can offer a repayment term of 3 to 30 years subject to your clients individual circumstances and credit checks.

Borrow up to 100% of your property’s value, less the existing mortgage balance subject to a satisfactory valuation. Minimum property values and conditions apply.

We offer competitive fixed, discounted and variable rate products. The actual rate we offer will depend on your clients individual and personal circumstances.

We offer flexible overpayment options, without penalty, which allow you to either reduce the term of your clients second charge mortgage, or reduce their monthly repayments, whichever suits their circumstances, firmly putting them in control.

You can expect a straightforward, customer friendly approach both during your application process and after completion of your clients second charge mortgage.

Our products

Our second charge mortgages

We offer competitive fixed, discounted and variable rate products.
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).

How much could my client borrow?

With a second charge mortgage from Optimum Credit, your clients can borrow up to £1,000,000 subject to your their circumstances and credit checks.

This often could be more than they could borrow with an unsecured personal loan – the main difference being that the borrowing is secured against the value of their home.

Can they repay their second charge mortgage in full?

They can repay their second charge mortgage in full at any time, however early repayment charges may apply.  

Full details are contained in the Mortgage Offer document sent prior to completion or in the ‘Early Repayment Section’ on the reverse of the Loan Agreement.

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

Property valuation

If you have received mortgage advice directly from us, we are responsible for ensuring that the valuation is carried out and we will pay the cost of it.

In limited circumstances you may need to pay some, or all of this cost and we will notify you if this is the case.

If you have received mortgage advice from your personal mortgage adviser, the responsibility for ensuring the valuation is carried out, and for paying the cost of it, will fall to either your mortgage adviser or Optimum Credit. 

No additional cost would normally arise as a result of a property valuation, but your mortgage adviser or Optimum Credit will notify you if you need to pay some, or all of this cost.  A portion of any fee that you pay your mortgage adviser may include an element towards the cost of a property valuation.

Our partners

Building lasting relationships

Our dedicated team also work with a range of approved specialist partners to offer second charge mortgages to customers. We are always interested in building new partnerships and we pride ourselves on the lasting relationships we build with our broker intermediaries.

Our BDMs

Lending criteria at a glance

Referrals

If a case falls outside our standard criteria we may still be able to help.

North & Scotland

Tom Whitney

South & Wales

Jon Callow

Got a question?

To discuss a case, or find out more about our products and services, call our experienced team.

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