Why choose Mercantile Trust?
With our common sense approach to lending, we offer flexible and quick solutions tailored to your needs.

What is a Second Charge Bridging Loan?
A Second Charge Bridging Loan is a short-term loan that’s secured against a property which already has an existing mortgage (first charge). This type of finance allows borrowers to access equity in their property without refinancing their primary mortgage, making it a flexible solution for raising capital quickly.
Fast access to funds with flexible Second Charge Bridging Loans
Looking for quick access to funding? Our Second Charge Bridging Loan solutions offer a fast and flexible alternative to traditional high street lenders. Whether you have an excellent credit history or have experienced financial difficulties in the past, we assess each application on its individual merits.
We focus on solutions, not setbacks. At Mercantile Trust, we aim to say YES when others won’t. Our lending criteria are designed to support your next step – not let your past hold you back. Get the funding you need, when you need it most.

Second Charge Bridging Loan criteria
- Nationwide Coverage: Available for properties across England, Scotland, Wales, and Northern Ireland
- Borrowing on residential properties for business or investment only
- Borrowing on Buy to Let, HMO, Holiday let ,MUFBs, and Student Lets for any legal purpose
- Competitive LTV: Borrow up to 75% loan-to-value (LTV)
- No legal fees in England, Wales, and Scotland
- 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 to £300,000
- 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 Second Charge Bridging Loans