Second Charge Bridging Loan Completed in 10 Working Days

We recently completed a second charge bridging loan to help our client raise capital quickly against their UK residential property. The funds were required as a deposit for an overseas property purchase, making speed a critical factor.

The client needed a specialist finance solution that allowed them to release equity without disturbing their existing mortgage. A second charge bridging loan provided the flexibility and fast turnaround required.

The client secured a £68,150 second charge bridging loan at 67% Loan-to-Value (LTV). This allowed them to access the funds they needed quickly for an overseas property deposit, while keeping their existing mortgage arrangements in place.

The case involved several challenges that ruled out traditional lending routes. There was a pending Land Registry application, a historic Land Registry entry that required removal, and adverse credit registered on the property title. These factors required a lender experienced in complex bridging finance cases.

We placed the case with Together Personal Finance, a lender well known for their flexible approach to second charge bridging loans. Working closely with Simon Baker-Smith, we addressed the legal and title issues early and kept the transaction moving at pace.

Despite the complexities, we completed the second charge bridging loan in just 10 working days from initial enquiry to completion. This allowed the client to secure their overseas property purchase without delays.

This case highlights how second charge bridging finance can provide fast capital raising solutions where time pressure, land registry issues, or adverse credit make standard mortgage options unsuitable. It also demonstrates the value of specialist lenders when speed and flexibility matter most.

 Learn more about our second charge mortgages and bridging finance solutions for complex or time-sensitive funding needs.