Second Charge Bridging Loans
Fast Funding Secured Against Existing Equity
Access Short Term Finance Without Refinancing Your First Mortgage
Need fast funds but do not want to disturb your existing mortgage? A second charge bridging loan is a short term finance option that lets you borrow against the equity in your property, secured behind your current mortgage.
At Bridging Finance Broker, we arrange second charge bridging loans to help investors, homeowners, and developers act quickly, whether you are buying at auction, covering a cash flow gap, or funding a refurbishment project.
What Is a Second Charge Bridging Loan?
A second charge bridging loan is a short term, interest only facility secured against your property. Instead of replacing your main mortgage, it sits behind it as a second charge.
Typical features:
Terms: 1 to 18 months
Security: Residential, semi commercial, or investment property
Use: Fast access to capital for time sensitive needs
Exit: Sale, refinance, or long term mortgage
When Does It Make Sense?
Bridging loans are a powerful tool for property investors, developers, and homeowners. Here’s why they’re so popular:
You’re tied into a great mortgage
and don’t want to remortgage
You need quick access to equity
without selling or switching lenders
You’re planning to repay in full soon
(e.g. after a sale or refinance)
Common Use Cases
Buying a property before selling your current one
Auction purchases with tight completion deadlines
Funding light or heavy refurbishments
Short term business investment
Bridging a cashflow or tax gap
Raising funds for a deposit or onward purchase
Who It’s For
Property investors bridging between deals
Homeowners in a property chain
Developers funding short projects
Borrowers with early repayment charges on their main mortgage
Key Features and Lender Criteria
Loan size: £50,000 to £5 million+
LTV: Up to 75% combined (first and second charge)
Rates: From 0.85% per month (rolled up or serviced)
Repayment: Rolled-up interest, cleared on exit
Credit profile: Options for borrowers with adverse credit
Lender requirement: Clear and viable exit strategy
The Bridging Process
Initial discussion
Tell us what you need and how you’ll repay it
Lender match
We shortlist lenders based on your timeframe and property
Valuation & terms
Indicative quote, valuation booked, offer issued
Legal & checks
Our team helps speed up legal processing
Funds released
Paid within days of approval
Clear Communication
No jargon, no confusion, no chasing we keep you updated every step
Try Our Bridging Loan Calculator
Estimate what you could borrow and your potential interest costs with our second charge bridging calculator.
Frequently asked questions
Everything you need to know about the bridging finance broker
Can I use a second charge bridge on a buy-to-let?
Yes, landlords often use them to raise capital between deals or fund quick refurbishments.
Do I need consent from my first lender?
Yes, but we’ll manage that process and liaise with lenders familiar with second charges.
Is this suitable if I’ve got credit issues?
Potentially, some lenders are open to adverse credit if your exit is solid.
How quickly can I get the funds?
In as little as 5–10 working days depending on the lender, valuation, and legals.
Act Fast Without Replacing Your Main Mortgage
We’ll help you access short-term finance behind your existing mortgage structured for speed, flexibility, and success.