I took a second charge loan out with Paragon Personal Finance Ltd prior to 2014, who should I contact?
If you took out a second charge mortgage with Paragon before 2014 and have a query, please call 0345 147 9303.
What is a second charge mortgage?
Second charge mortgages are personal loans against which you offer some form of security – in our case that security is your home. Second charge mortgages are usually taken out to make home improvements, like a conservatory or extension. Some people use them for big purchases such as a car or holiday of a lifetime, and often they are used to re-organise finances and consolidate debts**
**consolidating your debt may increase the amount you pay back overall and extend the repayment period. Repaying borrowing over a longer term may increase overall interest charges – but it can help keep your repayments at a more affordable level.
What is a repayment mortgage?
A repayment mortgage is a mortgage where each monthly payment partly covers the interest due each month with the rest going towards paying off the original amount you borrowed.
I have an existing loan with Paragon; can I borrow any more money?
If you would like to borrow further funds, please contact an independent financial advisor to discuss your requirements.
What do I do if I'm thinking of remortgaging or want to borrow more money on my first mortgage?
If you would like to borrow further funds, please contact an independent financial advisor to discuss your requirements.