Interbridge Mortgages celebrates £250m milestone in first year of second charge lending

Interbridge Mortgages is celebrating one year of lending in the second charge market, with the lender surpassing £250m in total loans and helping more than 7,000 customers since its launch on 16th May 2024.

The lender has recorded rapid growth over its first 12 months, combining advanced technology with a highly experienced team to deliver what it describes as a “fast, transparent and efficient” second charge lending experience. Its digital platform offers a fully paperless application process with real-time updates, contributing to quicker turnaround times for brokers and borrowers alike.

Interbridge’s strong performance is also reflected in customer satisfaction, with the lender maintaining a 4.9 TrustPilot rating. It credits much of its success to a focus on building deep and responsive relationships with its intermediary partners, supporting brokers with consistent communication and streamlined service.

Jonny Jones, CEO at Interbridge Mortgages, said: “Reflecting on our first year of lending, I’m immensely proud of what we’ve achieved. I feel we’ve had a really positive impact, driving more innovation and more competition, ultimately leading to improved offerings for customers across the whole second charge industry. There has never been a better time to take out a second charge mortgage. This past year, prices have come down, the application process has become simpler, and borrowers can access their funds more quickly.”

Jones added: “Personally, what I’m most proud of is our 4.9 TrustPilot customer rating. I read every review and they really reinforce why we do what we do. As we enter our second year, we’re eager to build on this success. Our focus remains on continuous innovation, strengthening broker relationships, and leveraging technology to further streamline the second charge process. Ultimately delivering a lending experience that redefines industry standards.”

The firm has positioned itself as a challenger in the second charge space, with ambitions to grow further in year two by maintaining its emphasis on service quality and investing in tech-driven improvements to support the adviser community.

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