Brickflow adds regulated bridging finance to platform

Online property finance comparison platform Brickflow has added regulated bridging finance to its offering.

The addition means that intermediaries and their borrowers can now compare loans from the regulated bridging market, alongside unregulated bridging loans, commercial mortgages and development finance.

Brickflow said the move was in response to demand from both the market and the brokerage and debt advisory firms already using its platform.

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The platform already has eight regulated bridging lenders on board, including Together, Glenhawk and Precise, which sit on its lending panel comprising over 100 lenders.

Brickflow highlighted strong growth in the regulated bridging market, as homeowners seek additional funding for purchases or to increase personal liquidity.

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It cited data from Knowledge Bank that showed that regulated bridging was the top criteria search made by UK bridging finance brokers in the first quarter of 2024, with regulated bridging accounting for 51 per cent of all bridging loan searches – the highest proportion since the third quarter of 2020.

“The growth of regulated bridging shows no sign of slowing,” said Ian Humphreys, chief executive and founder of Brickflow.

“A sticky sales market has increased the potential for chain break scenarios, and therefore the demand for bridging loans to enable onward transactions has also risen.  By strengthening our suite of bridging finance with regulated loans, we’re equipping intermediaries and their clients with the access and flexibility to secure time-sensitive opportunities.”