Second Charge Bridging Loan

Q - What is a second charge bridging loan

As its name suggests, this is where the lender takes a second charge behind the existing first charge lender. Not to be confused with a secured loan, second charge bridging loans are only for a small period of time (typically up to 12 months) where the money is being raised for investment use or business purposes.

See our second charge bridging loan rates

See also

first charge bridging loan