Second charges are not permitted prior to or upon completion; we must hold the sole first legal charge.

Second charges, post-completion, are permitted subject to prior written consent from Gen H and the confirmation of a Deed of Postponement.

Consent for a second charge is strictly limited to lenders that are authorised and regulated by the UK Financial Conduct Authority and, where applicable, the Prudential Regulation Authority (FCA/PRA-authorised institutions). We do not grant consent for charges involving private individuals or unregulated investors.