Second Home Lifetime Loan
Release equity from your second home
Our Second Home Lifetime Loan allows you to release money from your second home, tax free, without having to sell it. You retain full ownership and continue to enjoy the benefits of the property.
Our Second Home Lifetime Loan is a fixed rate product, which gives certainty about what the loan balance will grow to at any point in the future.
The fixed rate currently offered is 6.95% per annum fixed for life.
You can choose to pay up to 10% of the original amount of the loan advanced each year without any possibility of an Early Repayment Charge.