Central Trust Second Charge Mortgage
Central Trust offers secured loans for homeowners, ranging from £10,000 to £250,000, with terms from 3 to 30 years and an APR of 9.69% to 13.1%.
Last checked on September 19, 2026. We may earn a commission when you click through.
Central Trust Second Charge Mortgage
Updated 26 days agoAPR Range
9.69–13.1%
Amount
£10k–£250k
Term
36–360 months
Type
secured_homeowner_loan
You'll be redirected to centraltrust.co.uk
Our Verdict
Central Trust's second charge mortgage is appealing for those needing a substantial sum quickly, with approvals possible in just three days. However, the higher APR range may deter borrowers with tighter budgets.
Best For
Homeowners with various income sources who need significant funds for home improvements or debt consolidation.
Watch Out
The APR can go as high as 13.1%, which may lead to high repayments over time, especially for larger loans.
Pros
- Quick loan approval process
- Wide range of borrowing amounts
- Flexible income requirements
- No broker fees
- All credit histories considered
Cons
- High APR range
- Potential for hidden fees
- Secured against your home
- Longer terms may lead to higher overall costs
- Limited to UK homeowners
Full Review
With borrowing amounts between £10,000 and £250,000, Central Trust is well-positioned for homeowners seeking substantial funds. The approval process is notably quick, with a potential turnaround in just three days. This speed can be crucial for those facing urgent financial needs.
However, the APR range of 9.69% to 13.1% may pose challenges for many borrowers, particularly those with tighter budgets. The higher-end rates could lead to significant repayment amounts over time, which is a critical factor to consider. The company considers a variety of income sources, including self-employed earnings and benefits, making their offerings accessible to a broader audience.
Yet, be mindful of their credit history, as while all histories are considered, those with lower scores might still face higher interest rates. Customer service feedback indicates a generally positive experience, but as always, it's prudent to read the fine print. Hidden fees and charges can sometimes catch borrowers off guard.
For detailed information, the official site Central Trust provides insights.
Who Is This For?
Homeowners in need of significant funds for improvements or debt consolidation, particularly those with varied income streams.
What Borrowers Say
Customers generally appreciate the quick approval process, though some express concerns about high interest rates.
Summary
Central Trust offers homeowner-secured loans from £10,000 to £250,000, with terms ranging from 36 to 360 months and an APR between 9.69% to 13.1%.
About This Loan
Requirements
- UK homeowner
- Employed, self-employed, pension or benefit income considered
- Affordability assessment
- Property security required
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