Brickflow, the marketplace for specialist property finance, has added regulated bridging finance to its loan sourcing and application platform.
The addition provides intermediaries and their borrowers with a way to compare loans from the breadth of the regulated bridging market, and apply for secure funding.
The regulated bridging market has continued to grow in the past few years as rising interest rates and a slow sales market have led to more homeowners seeking additional cash.
Knowledge Bank data revealed that regulated bridging was the top criteria search made by bridging finance brokers in the first quarter of 2024, with regulated bridging accounting for 51%, the highest since Q3 2020.
Brickflow responded to demand from both the market and the 200-plus brokerage and debt advisory companies already using the platform, by offering users access to a network of FCA-authorised lenders.
Ian Humphreys, CEO and founder of Brickflow, said: “The growth of Regulated Bridging shows no sign of slowing.
“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.”
