Did you know we offer second charge Equitable Bridging loans for any legal purposes?
With rates available from 0.99% per month, the product offers a flexible and straightforward route to finance.
Key features include:
- Rates from 0.99% per month
- Second charge bridge only
- No exit fee — £245 discharge fee applies
- Minimum net loan: £25,000
- Maximum net loan: £100,000
- Up to 70% LTV
- Terms from 1 to 18 months
- Available on properties in England and Wales
- 4% lender fee plus £499 processing fee
- Internal legals, including for limited company borrowers
- AVMs available
- Drive-by valuations available up to 65% LTV
- Suitable for HMOs, MUFBs, holiday lets, and standard buy-to-let properties
Important: Only available behind 1st charge lenders that will not grant consent
If you have a case you’d like to discuss, or you’d like to explore whether this product could be suitable for your client, please get in touch.
Ahmad Ali
Business Development Manager
ahmad.ali@mercantiletrust.co.
01923280274
Vicky O’Sullivan
Senior Business Development Manager
Vicky.Osullivan@
01923 280116