Underwriter

Bridging Underwriter

Company: Gatehouse Capital

Location: Edinburgh

The following information provides an overview of the skills, qualities, and qualifications needed for this role.

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 xwzovoh 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.