What is a bridge to let loan?

Bridge to let loans, also known as bridge to rent loans or bridging finance for landlords, are a type of short-term lending designed to help landlords purchase and renovate a property before renting it out. These loans are commonly used by property investors who want to take advantage of a good investment opportunity, but who may not have the necessary funds available to make the purchase outright.

How long can I have a bridge to let loan for?

Bridge to let loans are also often used by investors who want to purchase a property at auction. Auction properties typically require the buyer to pay a deposit of around 10% of the purchase price immediately, followed by the remaining balance within 28 days. This can be difficult for investors who do not have the necessary funds available, and a bridge to let loan can provide the necessary finance to complete the purchase.

What are the benefits of a bridge to let loan?

One of the main benefits of bridge to let loans is that they can provide quick access to finance, allowing investors to act quickly when a good investment opportunity arises. This is particularly important in the competitive property market, where properties can often sell quickly, and investors who do not have the necessary funds available risk losing out to other buyers. If you need to move quickly, we may be able to help. With us, it is possible to get a bridging loan in just 48 hours.

Another benefit of bridge to let loans is that they can provide investors with the funds they need to renovate a property before renting it out. This can be particularly useful for properties that are in need of significant repairs or renovations, as it can be difficult to secure a traditional buy-to-let mortgage for a property that is not in a habitable condition. Additionally, property renovation can increase the value of a property, which could be attractive to those looking to rent in a property of higher quality.

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Simply fill out the form above, or call us to discuss your needs now.

Our team of experts are there for you.

You'll deal with the same experienced advisor throughout your enquiry.

We can get you the funds you need, fast.

You could get a lending decision in just one call.

Our flexible approach


We are proud to be a lender who can deliver loans at a fast approach, to consumers. We make this possible by carrying out our own legal checks, in house for loans under 100k, within hours. We can offer automated valuations, which are available to produce financial solutions in an instant.

Mercantile Trust regularly help their customers carry out renovations with heavy refurbishment loans, by providing finance fast.

No minimum income

At Mercantile Trust, we put our customers at the forefront of what we do.

We offer top slicing, where we can use your personal income when carrying out affordability calculations. If your rental income does not cover your mortgage repayments, we will top up the remaining amount that you cannot cover so you are able to get the loan you require.

No Exit Fees

We want you to be in control of your finance.
With no early repayment or exit fees, Mercantile Trust will strive to find a loan to meet your financial requirements.

What are the drawbacks to bridge to let loans?

It's important to note that bridge to let loans are typically more expensive than traditional buy-to-let mortgages, and the interest rates can be higher. This is because these loans are considered higher risk, as the property is often not yet generating rental income, and there is no guarantee that the property will be rented out quickly or at the expected rental rate.

As with any type of borrowing, it is important for investors to carefully consider whether a bridge to let loan is the right choice for them. Investors should ensure that they have a solid plan in place for renting out the property, including a realistic assessment of the potential rental income and an understanding of the costs involved in managing a rental property.

In addition, investors should ensure that they have a clear exit strategy in place for repaying the loan, whether that involves refinancing with a traditional buy-to-let mortgage, selling the property, or using other funds to repay the loan.

How are bridge to let loans useful?

Overall, bridge to let loans can be a useful tool for property investors who need quick access to finance to purchase and renovate a property before renting it out. However, investors should carefully consider the risks and costs involved before taking out this type of loan, and should ensure that they have a solid plan in place for managing the rental property and repaying the loan. We could get you the bridge to let loan you need in a short period of time.

If you are looking for a bridge to let loan, simply call our free phone number above to speak to our team of experienced advisors.

Our bridging loan criteria

We aim to help absolutely everyone, however there are certain criteria that must be met in order to make a successful application:

  • Unregulated bridging applications only
  • Rates from 0.99%
  • Up to 75% loan to value
  • Most property constructions accepted
  • No personal income requirement
  • No exit fees
  • Minimum property value £75k
  • Minimum advance £25k max £500k
  • Confirmation of exit required
  • Minimum of one buy to let or residential property required
  • Serviced and rolled interest available
  • No ERC (Early Repayment Charge)
  • First and second charge available