Tap into your home’s growing equity by getting a second mortgage in Orpington. We are just the firm to help you find the best deals.
Mortgage & Lifetime Solutions will give you access to the second mortgage options that will make the most sense for your needs. Book a quick and free consultation with us as soon as possible to get you started.
Why Get a Second Mortgage?
Accessing your home’s equity will give you the freedom to fund a range of projects and expenses that you may be putting off.
Here are the most common reasons to take out second mortgage loans:
- Home improvement projects – The most common is of course reinvesting that money into your home through renovation or repair projects that can further increase its value.
- Educational expenses – Tuition and training fees are also an excellent way to spend this extra cashflow. This is essentially investing in yourself or in a family member, especially with ever-increasing schooling costs.
- Investment opportunities – People miss out on opportunities at times simply because they don’t have the means to invest. Now you do.
- Medical bills – Medical or other emergency bills can be a huge shock to your savings. A second mortgage can be your lifeline in times of distress.
It also helps to know that a second mortgage can help you borrow a bigger amount, without using your home as collateral.