How can we help your clients?

If you’ve got hard to place bridging loan cases, Mercantile Trust may be able to help. We consider all credit profiles and histories, including those that have:

  • • Accounts in defaults
  • • CCJ’s (County Court Judgement)
  • • Debt management plans
  • • Cautions or restrictions against their property
  • • Missed payments (maximum of 2 within 12 months)
  • • Historic IVA (individual voluntary arrangement) which is now settled

Find out more

Bridging loans for intermediaries

We’re a specialist bridging lender

We offer a common sense approach to lending decisions, which are made by individuals, not computers. If the deal makes sense, we have the ability to be flexible. We look to say “yes” where other lenders have said "no".

If you’re not already registered and would like to work with us in the future fill out the registration form.

  • We can provide first charge buy to let bridging loans up to £500,000.
  • We can provide second charge buy to let bridging loans up to £250,000.
  • Mercantile Trust are able to offer your clients bridging loans up to 75% LTV
We're a specialist bridging lender

Whether your client is looking to buy a property at auction, bridge the gap between a purchase and sale, or just needs extra money for any other purpose, our first and second charge bridging loans could be ideal.

Bridging loans can also be used to cover the cost of both light and heavy property refurbishments. This covers everything from decoration through to extensions with the owner typically refinancing the property with a buy to let mortgage to pay off the bridging loan when the works are completed.

As a bridging loan lender we can provide the finance your client needs, with no redemption penalties or exit fee.

All of our bridging loan products have no Early Repayment Charges, daily interest, are available with either serviced or rolled interest and a negotiable lender fee.

If you want to discover more, simply call our intermediary team using the number above

Second charge bridging loans

A second charge bridging loan is a short term loan that is taken out in addition to your first charge mortgage. "Second charge" simply means that the first mortgage is the priority debt, and will be the first to be repaid should the property ever be repossessed.

A second charge bridging loan can help when you're looking to buy or sell a property quickly. Because they're so quick to arrange, you wont be waiting around for weeks, this makes them the perfect solution to finance the quick purchase of a new property at auction!

Typically a second charge bridging loan term is between 3-12 months. They tend to be exited by either refinancing to a longer term financial solution or selling the property to pay back the loan.

If you want to discover more, simply call our intermediary team using the number above

Second charge bridging loans