Can I take out another second charge mortgage with another lender?

You can only have one second charge mortgage on your home. If your new lender says they need to be second charge, you’ll need to redeem your existing loan with Shawbrook so that your new lender can take a second charge behind your lender.


If you’d like to arrange a further charge on your property and your new lender is happy to register a charge behind your mortgage lender and our second charge, we can take a look. When we register the second charge mortgage against your home, we also register a restriction that prevents any other subsequent charges being registered against your property without our consent. This request is subject to application and review.

There are a number of things we will consider when reviewing your application, such as your account conduct, the total level of lending against your home and total debt affordability. If your application does not meet with our criteria, we will not be able to approve your application.

What does this application involve?

  • You will need to pay an administration fee of £50.
    This covers the administrative costs we incur when managing your application.
  • We will need full details of the proposed new loan
  • On application, we will confirm the requirements from you which will be needed to complete our review.
  • Please note, your new lender may require a subsequent change questionnaire to be completed which will confirm the performance of your mortgage.
    We will only complete this if you have given us permission. There is an additional administration fee of £50 for this service.


How can I pay these fees? Are they refundable if you don’t approve my application?

The administration fee is payable at the start of the application. As this fee is payable to cover the cost of dealing with your application, these fees are non-refundable whether the matter is approved, declined, or cancelled once we have assessed the application.

Please contact our second charge mortgages team to make a debit card payment. We do not accept cheques.

You can contact the team by on 0345 650 6287

Our team is available:

Monday - Thursday: 8am-8pm
Friday: 8am-6pm
Saturday: 9am-2pm

We're closed on Sundays and public holidays.

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