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Thanks for your question. Your mortgage company was not the right sourc to ask about this. What you are seeking is for a second charge to be placed on your property to give your brother security for the money he is lending you, almost like a second mortgage. Your solicitor is the best person to draft this and deal with it for you. It is not an expensive exercise although the consent of Lloyd’s may be needed.
In the first instance you would ask the lender if they need to give consent and if they do they will undoubtedly have a form for you to sign. Or if they tell you they don’t need to give consent then you can go to your solicitor.