A 2nd home loan, is a different home loan applied for on one more or 2nd home, causing you to be with two concurrent mortgages to settle.

A 2nd home loan, is a different home loan applied for on one more or 2nd home, causing you to be with two concurrent mortgages to settle.

2nd mortgages are for those who are searching to obtain a 2nd home as a buy-to-let, any occasion house to rent, or are coming towards the end of earning their repayments from the very very first one and will manage to have two big debts to repay.
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Compare mortgages if you are remortgaging, a first-time customer, in search of a buy-to-let or going house