Our products

We provide Second Charge secured loans to borrowers whose requirements are known as 'non-conforming'. Maybe there is an adverse credit history, or a CCJ, perhaps the borrower is unable to prove their income in the traditional fashion required by high street lenders. They may be self-employed, may have unfortunately built up some arrears and their current lender won't help. Or just maybe the property being bought is simply unusual. Whatever the circumstances, our loans range from £3,000 to £50,000.

Second Charge loans

This is a subsequent charge to the First Charge mortgage - it's number 2 in the pecking order. The holder of the Second Charge (Swift) has a legal call on the property in the event of the borrower defaulting on repayments, but only after all liabilities to the holder of the First Charge have been settled. A Second Charge may also be called a Subsequent Charge.

Swift Advances plc is an appointed representative for insurance mediation activities only of Swift 1st Limited which is authorised and regulated by the Financial
Services Authority. Swift Advances plc and Swift 1st Limited are both registered in England under company numbers 1800474 and 5020019 respectively.