Second Charge Bridging Loans

Short term second charge loan

If you want a Second Charge Bridging Loan please fill in this form

What Second Charge Bridging Loans are available?


  • Increase the total borrowing on your property up to a maximum LTV of 70-75%
  • Intended for short term finance of 1 - 18 months on residential or commercial properties
  • Rates will be slightly higher than first charge bridging loans
  • In some cases a 3rd or even 4th charge bridging loan is also possible

Are you looking for a Bridging Loan?

Just complete a few simple questions below and we'll be in touch soon to get things moving.

Frequently Asked Questions


What is the most import an thing to consider when being approved for a Bridging Loan?    

Your exit. The first thing lenders will want to know is how you intend to repay the loan and how credible that plan is

How much can I get?    

There is no maximum nominal amount but it depends on the LTV. For a 1st charge we can get up to 75% LTV and for a 2nd charge up to 65% LTV all depending on the nature and location of the property/asset being offered as security.

How long can I have a Bridging Loan for?    

Normally up to 12 months but in some circumstances you can extend to 18 or even 24 months though interest may need to be periodically serviced in these longer loans.

Can I get a Bridging Loan on an unmortgageable property?    

That’s exactly what Bridging Finance is for. You can use the bridging Loan to bring the property to a mortgageable condition and exit the Bridging Loan with that finance.

How fast can it be arranged?    

It can be done in 48 hours but at a cost, so we would prefer to say 5-7 days.

Can I get a Bridging Loan if I have adverse credit?    

Generally speaking yes, but if your credit is very severe then maybe not.

What will a Bridging Loan cost?    

Interest is expressed monthly and is from 0.5%-1.75% per month. Lower rates are for loans with a low LTV, on a property/asset that can be easily resold in the event of foreclosure, a strong-credit borrower and a clear exit. 

What are the fees to arrange a loan?    

If you choose to use us to arrange your finance you will be charged a fee of typically 1%. Additionally there may be a lender fee (usually 2%) to be paid and it is usual in this market that the borrower also pays the lender’s legal and valuation fees.

Why should I use a broker to arrange a Bridging Loan?    

You can do all this yourself but with 80+ lenders out there, we can more quickly get you to the best rate and also ensure you are borrowing from a reputable, established lender. We will also guide you through the application process and ensure your application is presented to the lender in a manner than makes it most likely to be accepted at the lowest rate.

What is the maximum LTV available for a second charge bridging loan?    

Probably no more than 70% LTV is available but it depends on the asset and the exit strategy

What is needed to apply

Applying for a Bridging Loan is very easy. Below are listed the things you need in order to apply.

  • Eligibility CriteriaYou just need to own a property that can be used as security and have a reasonable credit rating (though sometimes that's optional too)
  • Documents RequiredProof of ID, proof of ownership and an application form
  • Additional CommentsLoans can be arranged in as little as 48 hours but you pay for the privilege. Normally they take 7-10 days.

A second charge bridging loan is available from many different lenders. The ley thing is that you have enough equity in your property to support it and as a second charge lender has less rights in a default situation than a first charge lender, you are unlikely to get a LTV of much above 70% and even that number depends on the nature and location of your property. In fact, if required, a third or even fourth charge bridging loan is possible.

Contact Us Today

To discuss your finance options with one of our team

Enquire Online

Fill out our simple form to have a member of the team contact you

01494 410 125

Call today to discuss your finance options with a member of the team