This is Money.co.uk - How Britain's homeowners are cashing in on their homes again
Aaron Strutt from mortgage adviser Trinity Financial told Thisismoney.co.uk: 'Second charges are used for a whole host of reasons from generating cash to pay tax bills and for renovation work to buying additional properties.
'Some lenders do not have upper age limits so they are more accessible to older borrowers struggling to secure funds through their bank or building society. There are even lenders who will provide finance to people with heavy adverse credit.'
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