Mercantile Trust have announced an intermediary update which is available below.
Have a Client Looking for a Loan Under £100k? We can help!
Many lenders tend to focus on larger loan sizes, but at Mercantile Trust, we’re committed to supporting smaller borrowing requirements too.
We’re pleased to offer competitive rates on:
- First Charge Bridging Loans under £100,000
- Second Charge Bridging Loans under £100,000
In addition, we’re currently offering:
- Free legal fees on all Second Charge Loans (including Bridging Loans and Term Loans) in England, Scotland, and Wales
- Free legal fees on all First Charge Bridging Loans and Buy-to-Let Mortgages under £100,000 in England, Scotland, and Wales
- Available for both Personal Name and Limited Company borrowers
- Direct access to experienced underwriters and decision-makers
With competitive rates, free legals, and flexible borrower options, this could be a great solution for clients looking for smaller loan sizes.
We also offer our Packaged Completion Service (£999 added to the loan), designed to make the process smoother and take the pressure off you. From client communications to handling third-party requirements — including valuations, consents, mortgage questionnaires, Land Registry checks, AVMs, and credit searches — we manage the process from start to finish while keeping you updated every step of the way.