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  • Second Home

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    What is a second home?

    A second home is when you own a second property that is used for residential purposes. An example could be if you have bought a property for a child or elderly relative to live in or if you have bought a second home that is closer to work and you live between the two.

    How are these mortgage applications assessed?

    As the property is for residential purposes, this would be assessed by looking at your income and outgoings. It would need to be affordable, factoring in the existing mortgage commitment if it is still outstanding.

    If you would like to discuss further give us a call on 07720601196 or contact us below.

    Your home may be repossessed if you do not keep up repayments on your mortgage.

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