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Second charge mortgages

This page is for existing customers only.​

Our mortgages

If you applied for a second charge mortgage with us, there is some important information that you need to be aware of.

  • We are a responsible lender and carefully assess what money you have coming in and going out each month to make sure you can afford your loan​
  • You must have passed an affordability test and credit score​
  • The property you secured your mortgage against must be in England, Wales or Mainland Scotland and must be your main home​
  • We will have considered the value of your home before offering a mortgage secured on it

Get in touch with us

If you have a second charge mortgage with us and have any questions, please contact:

If you took out a second charge mortgage with us prior to September 2014 and would like to speak to someone about your account, please call us on:​

If you took out a second charge mortgage with another lender and that mortgage is now owned by Paragon Bank, please call us on:​

Representative example

  • Product:
    A second charge mortgage secured against your residential property
  • Total amount of loan:
    (including estimated broker fees of £2,995 and a product fee of £545)
  • Term:
    242 months
  • Rate:
    (Fixed for a period of 3 years reverting to a variable rate of 4.30%)
  • Cost of credit:
  • Payment and frequency:
    36 monthly payments of £477.70 followed by 206 payments of £434.77
  • Total amount repayable:
  • APRC:

Please think carefully before securing other debts against your home.

Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.

Standard Variable Rate

Paragon Standard Variable Rate (SVR) 5.85%


We've collected all our useful documents in one place for your convenience.

Paragon Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England number 05390593. Registered office 51 Homer Road, Solihull, West Midlands B91 3QJ. Paragon Bank PLC is registered on the Financial Services Register under the firm reference number 604551