|Short Term Lending
||Used to fund a new purchase before an existing property has been sold. Typically term up to 18 months
||Used to fund a new purchase before an existing property has been sold. Typically terms up to 6 months.
||Similar to a mortgage but via a secured locan company rather than a bank or building society. Higher rates but more flexible acceptance conditions.
|Second Charge Lending
||As secured lending but in addition to an existing mortgage
||Higher rates than secured but the ability to borrow without security. Can be used to fund a deposit.