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Second Charge Mortgage and Secured Mortgage Loans

A second charge mortgage, second charge loan and home equity loans, as they are sometimes called, are all one and the same thing.
This is a process that enables you to release cash from your property by making use of the equity in your home. You can only do this of course if you have positive [...]

When You Sell Your House Does Your Equity Have To Pay Secured Loans?

The simple answer to the question; When you sell your house does your equity have to pay off secured loans? is YES!
A secured loan is a second charge on your property or home.
The first charge is the mortgage you have on the property and so when you sell the house, the mortgage gets paid off [...]