Second Charge Bridging Loans

If you already have a mortgage or first charge on your property but need to raise additional capital quickly, a second charge bridging loan lets you borrow against the equity you've built up — without remortgaging or disturbing your existing lender. This is particularly valuable if you're on a favourable fixed rate you don't want to lose, or if your first charge lender would take weeks to process a further advance.

We lend up to 65% combined LTV (the total of your existing first charge plus our second charge loan). The process is fast — often completing within days — because we work around your existing mortgage rather than replacing it. Second charge bridging is available on residential, semi-commercial, and commercial properties.

Key Features

• Completion in as little as 7 days
• Decisions within 24 hours
• Up to 65% combined LTV
• Rates from 0.89% per month
• No need to disturb your existing mortgage
• Self-employed and retired borrowers welcome
• Poor credit history considered
• Maximum borrower age of 85

Who Is This For?

Second charge bridging suits homeowners who need to raise funds for a deposit on a new property, pay a tax bill, or cover unexpected costs without remortgaging. Landlords use second charges to pull equity from one property to fund the purchase or refurbishment of another. Business owners raise capital against their property to inject into their business when time is critical. It is also a practical option for borrowers who have early repayment charges on their first mortgage and cannot afford to refinance the whole debt.

Rates & Costs