Related topic: Bridging

As well as changes to pricing and LTVs, the lender has reduced the number of documents needed to simplify the application process.

The lender says the move will benefit more borrowers, giving them lower pricing and a simplified structure.

West One has launched a limited-edition bridging finance product aimed at low-complexity cases, offering rates from 0.70% on regulated first-charge residential loans between...

The lender says the rate reductions follow investment in AI-assisted underwriting tech.

Increased governance and consolidation will be the key factors shaping the sector over the next year, according to the Interpath & BDLA UK Bridging Market Survey 2026.

The cuts apply across both regulated and unregulated bridging loans, including refurbishment finance.

Allica has also expanded its specialist bridging team with a new BDM and senior underwriter.

Stephen Parr will step into the newly created role.

The company is seeing growing demand for short-term finance to pay for energy-efficient refurbishments.

Product transfers are available across all product ranges and will not be subject to any additional underwriting.