2nd Charge Lending products are gaining popularity in the current market, especially among borrowers who wish to raise capital while maintaining their first charge fixed-term products at favourable rates, thereby keeping the blended interest rate lower. Although obtaining a 2nd Charge Loan can be cumbersome, requiring consent from the first charge holder, redemption statements, and additional legal protocols like deed postponements, our in-house case management team at Paramount Capital handles this entire process, simplifying and accelerating your borrowing experience.