Bridging Underwriter
Company: Gatehouse Capital
Location: Edinburgh
Overview
You will assess and structure non regulated first charge bridging cases from application through to completion. You will apply a clear credit framework, price for risk, and support brokers with decisive feedback. You will focus on residential bridging at launch, with scope to expand into wider products.
Key Responsibilities
* Assess new applications, review full case packs, and make credit decisions within mandate
* Structure deals to balance risk, pricing, and certainty of execution
* Apply valuation policy, select appropriate valuation route, and challenge outputs where needed
* Analyse exit strategies, cash flow, and borrower strength
* Set and agree loan terms including FTV, pricing, and conditions
* Work closely with colleagues, valuers, solicitors, and brokers to drive cases to completion
* Provide clear rationale for approvals, declines, and referrals
* Monitor pipeline, prioritise cases, and manage turnaround times
* Support development of credit policy, risk appetite, and underwriting standards
* Contribute to MI reporting, including conversion rates, declines, and risk trends
* Escalate complex or high risk cases to MD or credit committee where required
Credit Scope
* Non regulated first charge residential bridging
* Typical loan size around £300k, up to £3m
* FTV up to 75 percent, with tighter limits based on risk
* Standard term up to 12 months
* Focus on credible exits, mainly sale or refinance
Skills and Experience
* Proven underwriting experience in bridging finance or specialist property lending
* Strong understanding of UK property market and valuation methods
* Ability to assess risk across borrower, asset, and exit
* Confident making decisions and defending them
* Experience working with brokers and managing relationships
* Clear written and verbal communication
* Strong organisation and pipeline management
Desirable
* Experience in underwritting finance products (Mortagages, Personal Credit, Insurance etc) within a mandate
* Knowledge of Shariah compliant finance structures such as Murabaha
* Exposure to bridging, development or semi commercial finance
What You Will Bring
* Commercial judgement, you know when to support a deal and when to walk away
* Consistency, you apply policy but use judgement where needed
* Pace, you keep cases moving without cutting corners
* Accountability, you own your decisions and outcomes
What We Offer
* Opportunity to shape underwriting standards from launch and going forwards
* Direct exposure to senior decision making
* Clear progression as the lending book grows
* Competitive salary and performance related bonus
Next Step
Apply with your CV or contact us directly for a confidential discussion.