Bradley Illman and Nancy Edmeades are a UTB Bridging ‘Power Team’ serving key broker accounts in and around Central London. Looking after some of the Bank’s most prolific introducers of bridging business means they see a huge variety of deals and one particular sector they’ve seen grow over the last year is second charge bridging.
In this latest video from UTB’s Bridging team, Brad and Nancy talk about the benefits of using a second charge bridging loan, why UTB are a great choice of lender and the many ways property professionals and consumer borrowers are using quick and flexible short-term funding whilst leaving first charges in place.
UTB Second Charge Bridging Loans
- One of a limited number of lenders providing second charge bridging loans
- Available for a wide range of uses, both regulated and unregulated
- Loans from £100,000 to £15m
- Maximum 70% LTV with multiple securities and complex borrower structures catered for
- Quick and flexible funding solutions with no ERCs
- Maximum 24-month loan term
You can find out more about UTB’s bridging products and criteria in our product guides HERE.