When we speak to brokers, I often hear the same concerns:
- Many landlords have multiple BTL properties with first charge lenders who won’t grant consent for a second charge.
- They prefer not to remortgage, as their existing rates are low — but that means they can’t access equity to expand their portfolio.
The good news?
We can help. We’ve been offering Equitable 2nd Charge Bridging Loans on BTL properties for quite some time.
Here’s what we can do:
- Available as a 2nd charge bridge only
- £100,000 net loan
- Up to 70% LTV
- Term up to 18 months
- Properties in England and Wales
- 4% lender fee + £499 processing fee (Auto-calculated once the product is selected)
- Do not apply for consent — if it’s declined, we can’t proceed
- HMO, MUFBs, Holiday Lets, and standard BTLs accepted
- Internal legals – even for LTD company borrowers
- AVMs available
- Drive-bys up to 65% LTV
- If rolled, there are no monthly payments
If you’ve got a case in mind, let’s talk
nina.Kainth@mercantiletrust.
01923 280297 | 07562 209858
vicky.Osullivan@
01923 280116