Types of loans
Second Charge Mortgage
Second Charge Mortgage explained
A second charge mortgage is based on the difference between the value of your property and the amount you owe on your first mortgage. A second charge mortgage is completely separate from your original mortgage and can be a good way to access extra funds without remortgaging.
It means you will have two mortgages on your home. For example, if your home is worth £250,000 and you have £150,000 left to pay on your mortgage, you have £100,000 in equity for a second charge mortgage.
If you live in the property you are protected by the FCA as this is a regulated loan.
Being regulated by FCA means you are protected from incorrect advice or mis-selling and this protection is made exclusively for consumers and their own homes.
If you live in the South West or South Coast of England or South Wales, you can arrange a second charge mortgage with Bricks Finance.
See our success stories
Bricks Borrower + Bricks Broker = Success
When Geoff and Hazel Bardsley needed a top-up loan to finish their ‘grand designs’ dream home they asked Bricks Finance for help. “We needed to…
Seven Luxury Homes, Newton Abbot
Local tradesmen Sam and Simon started their careers in the building industry and, like many others, did the odd bit of private work for friends…
Tiverton Castle, Rental Portfolio
Angus and Alison Gordon, a local couple who own and live in Tiverton Castle, came to Bricks when they wanted to upgrade and enlarge their student let portfolio.…
Forest Eco Homes, Cornwall
When the man behind an idyllic forest holiday development was struggling to borrow to finance his plan, assistance from Bricks Finance proved to be a…
Two New Homes in Exeter City Centre
Dave Haines and David Chard were experts in building other people’s properties. Their building company has a long-established track record of delivering excellent projects for…
New Homes in Somerset
Jon Evennett, a housebuilder for the past 16 years in the South West, describes his initial contact with Bricks Finance to discuss lending for his…
46 New Homes for Exeter
Seeking to build a development of 46 flats on the site of a former care home on a complicated site in a busy corner of…
Rose & Crown Pub, Dorset
It’s a dream for many people to own their local pub, but it’s not a simple process to buy a freehold. However, thanks to the…
Beach House, Cornwall
Building a dream home is a passion for many, but for Russ Wood it almost feels like his destiny. And thanks to the help of…
Retirement Village, Bristol
Audley Redwood is a retirement village set within 15 acres of landscaped parkland only a short drive from the centre of Bristol. It comprises 106…
National Dive and Activity Centre, Monmouthshire
After serving 20 years in the British Army, REME, Darren Bryce MBE and his wife Kaye developed the National Dive and Activity Centre near Chepstow…
School Conversion, Dawlish
A local architectural consultant who projects managed development in Teignmouth on behalf of a Bricks client has now started his own development in Dawlish with…
3 Luxury Houses, Devon
Beverley Stone-Parker who has 30 years’ experience in construction, funded the land purchase and groundworks for a select development of four 5-bedroom homes herself. These…
7 Holiday Homes, Cornwall
Having gained planning permission to convert their farm shop complex into holiday homes, father and daughter Dennis and Rhalina secured funding from Bricks in October…
8 Apartments, North Devon
After 30 years of funding property developments through his bank, Paul Brinton, a director of East Devon Estates, was shocked when he was refused funding…
Loan calculator
Loan calculator
Amount you want to borrow
£50,000
£50,000
£5,000,000
Over how many months
3 months
3 Months
36 Months
Total you will pay
£1,500
Amount of interest over 3 months
This calculator is for illustrative purposes only.
We will always treat your personal details with the utmost care and will never sell them to other companies for marketing purposes. All information provided by you will be treated securely and confidentially. For more information view our privacy policy.
Investment calculator
Investment calculator
Amount you want to lend
£50,000
£50,000
£5,000,000
Over how many years
1 year
1 Year
5 Years
Estimated return
£2,500
Amount of interest over 1 year (5% APR)
This calculator is for illustrative purposes only.
We will always treat your personal details with the utmost care and will never sell them to other companies for marketing purposes. All information provided by you will be treated securely and confidentially. For more information view our privacy policy.
What our customers say
Frequently asked questions
Is the whole loan process managed online? If so, how can I apply?
You can apply online now by using our contact us form and we will respond within 24 hours. Or you can just call us on 01392 345778.
Do you offer loans for pensioners?
Yes, Bricks Finance lends to pensioners. You can apply now by contacting Tracey Abbott, our Head of Lending, by calling 01392 345778 or use our contact us form.
Can I get a loan even if I am retired?
Yes, Bricks Finance lends to people who are retired. You can apply now by contacting Tracey Abbott, our Head of Lending, by calling 01392 345778 or use our contact us form.
How long does it take to arrange a loan?
We have made loans as quickly as two days from initial request.
Do you offer short term and long term loans?
We offer loans from 3 to 36 months.
What’s the maximum amount of money I can borrow?
Between £50,000 and £2,000,000. Larger loans may be possible.