Why choose Mercantile Trust?
With our common sense approach to lending, we offer flexible and quick solutions tailored to your needs.
What is a First Charge Bridging Loan?
A First Charge Bridging Loan is a type of short-term secured loan where the lender holds the primary legal claim (or "first charge") over the property used as security. This means the lender has first priority to recover their money if the property is sold or repossessed.

First Charge Bridging Loan criteria
- Nationwide Coverage: Available for properties across England, Scotland, Wales, and Northern Ireland
- Borrowing on Buy to Let, HMO, Holiday let , MUFBs, and Student Lets for any legal purposes
- Competitive LTV: Borrow up to 75% loan-to-value (LTV)
- Diverse Property Types: Most construction types accepted
- Landlord-Friendly Terms: No minimum income required for existing landlords
- Affordable Entry: Minimum property value of £75,000
- Loan Sizes: Borrow from £25,000- £500,000
- Flexible Repayment: Choose monthly payments or repay at the end of the term
- No Early Repayment Charges: Repay early with no penalties, just a discharge fee of £245 applies
Application process
1
Simply fill out the Enquiry Form to arrange a call back or call our expert team on 0800 032 3737
2
We will take time to understand what you want to achieve and ensure you qualify for a loan with us
3
If approved you could have the funds in 48 hours

Ready to get started?
We are here for anyone who needs flexible and tailored loan solutions. Whether you have complex income, have imperfect credit, are employed or self-employed, or need faster access to funds than a high street lender can offer — we’re here to help.
Let’s discuss how we can help your next investment. Speak to an expert.
Common questions about Bridging Loans