Who are second charge mortgage lenders?
Second charge mortgage lenders are firms that provide loans secured behind an existing first mortgage. They are different from introducers and advisers: a lender makes the lending decision, while TSMC introduces customers to Loans Warehouse, who handle advice, assessment and credit checks. A list of names cannot show which lender, if any, is appropriate or available in an individual case.
This distinction matters because naming a lender is not the same as comparing lenders, ranking them, or being able to predict an outcome.
How can you use this lender list?
A lender list is a research aid, not a recommendation, ranking or sign that borrowing is available. Use each entry’s source and checked date, then confirm the firm on the FCA Register. Lender criteria, products and distribution routes change over time, and TSMC does not necessarily have access to every firm named here.
Use each entry’s source link and checked date to judge how current it is. Confirm authorisation on the FCA Register before sharing personal details. Names are not ranked by suitability or cost, the table is not exhaustive, and a firm’s absence does not imply anything negative about that firm.
Which lenders offer second charge mortgages?
Loans Warehouse works with around 15 lenders. The names published here are major lenders on that panel, each with an FCA Register link, a source and a checked date. They are not a TSMC panel, not an exhaustive list and not a ranking. Naming a lender does not mean it will consider any particular enquiry.
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These are examples of major lenders on the Loans Warehouse panel, not the full panel and not a TSMC panel. Loans Warehouse works with around 15 lenders. Product availability, criteria and lending decisions sit with the relevant lender after an introduction. HELOC-style providers are listed separately on UK HELOC lenders.
What criteria can differ between lenders?
Lender criteria can differ across property type, existing secured borrowing, affordability, credit history, loan amount and term, purpose, rate type and fees. The existence of different criteria does not mean a particular case will fit a particular lender. The relevant information is assessed during the regulated advice and application process, not by a public list alone.
- Property type and condition
- Existing secured borrowing and combined loan-to-value
- Affordability, income and outgoings
- Credit history
- Loan amount and term
- Purpose of the borrowing
- Rate type and fee structure
See second mortgage eligibility and second charge mortgage rates for more on these areas.
How can I check whether a firm is authorised?
The FCA Financial Services Register lets consumers look up a firm and check the permissions and details shown on its record. A name on a website should not be treated as confirmation of authorisation or current activity. The record should be checked directly, using the firm's legal identity and details, especially before sharing personal information or proceeding with borrowing.
- Visit the FCA Financial Services Register
- Search using the firm's full legal name
- Compare the permissions and status shown against what the firm claims
- Contact the FCA directly if anything looks inconsistent
How does TSMC's introducer role work?
The Second Mortgage Company introduces enquiries to Loans Warehouse. Loans Warehouse contacts the applicant and handles advice, assessment and credit checks. TSMC does not provide regulated advice or lend money. A lender list is not a TSMC panel and does not show a likelihood of acceptance. Any personal recommendation or application assessment is handled by Loans Warehouse and the lender.
See how it works and about TSMC and Loans Warehouse for more on this relationship.
The Second Mortgage Company is a trading style of COLOFS.co.uk LTD, is an Introducer Appointed Representative (FCA number 982062) of Loans Warehouse whose office address is 1a, Blackmoor Lane, Watford WD18 8YW, who provides mortgage products and services.
ImportantAs a mortgage is secured against your home, your home could be repossessed if you do not keep up the mortgage repayments. Think carefully before securing other debts against your home.
Sources
- Financial Services Register (Financial Conduct Authority)
- MCOB handbook (Financial Conduct Authority)
- Statistics (Finance & Leasing Association)
- Second charge or second mortgages (MoneyHelper)
- UTB second charge mortgages (United Trust Bank)
- Together second charge mortgages (Together)
- Pepper Money homeowner loans (Pepper Money)
Frequently asked questions
Who are second charge mortgage lenders?
They are firms that make the actual lending decision on borrowing secured behind an existing mortgage, which is different from an introducer or an adviser. An introducer passes an enquiry on, an adviser assesses and recommends, and only the lender itself decides whether to offer a mortgage.
Does TSMC lend money or advise on lenders?
No. The Second Mortgage Company introduces enquiries to Loans Warehouse, who contact applicants and handle advice, assessment and credit checks. The Second Mortgage Company does not provide regulated advice or lend money, and naming lenders here does not create a TSMC panel.
How do I check a second charge lender is authorised?
The FCA Financial Services Register can be searched using a firm's name to see its permissions and current status. A firm's name appearing on a website is not confirmation of authorisation. Checking the register directly, using the firm's full legal name, is the more reliable approach.
Does appearing on a lender list mean I can borrow from that lender?
No. A factual mention of a lender is reference information, not a recommendation, an offer, or evidence that a particular applicant would be accepted. Criteria, product availability and lending decisions are individual to each application and are made by the lender, not implied by a published list.
Are second charge lenders the same as mortgage brokers?
No, they are different roles. A lender provides and decides on the borrowing itself, while a broker or adviser researches products and gives advice on behalf of a customer. The Second Mortgage Company introduces customers to Loans Warehouse, which carries out the advice and assessment role.