Second mortgages for investments

Second mortgages used to gain investment capital for stock purchases or the purchase of investment properties will often be both fixed rate and interest only.

Affording second mortgages

Second mortgages are very often taken out for property investment, which will usually mean that interest only loans are desirable.

Second mortgages during rate rises

Second mortgages may offer a good source of extra funds to invest with, but they are only advantageous if the money you make using second mortgages will outstrip the costs of the mortgage.