Specialist Mortgages

Both Domestic and Commercial borrowers in certain circumstances require bespoke financial products and services. Those available from traditional high street lenders, which are usually only available for the perfect applicant are now looking dated for many.  According to the Intermediary Mortgage Lenders Association (IMLA), specialist mortgage lending activity is on the rise. Having experienced annual growth by as much as 19%, the specialist mortgage sector is reportedly attracting greater attention than ever before.

Most of this shift has been attributed to the expansion of the UK’s specialist lending market, providing an alternative to the usual High Street lending channels.

Special Lending for Complex Cases

This meteoric growth is a direct reflection of applicant demand and the sectors acknowledgement of a previous lack of product coverage in this area.  In the past, entrepreneurs and the self-employed struggled to qualify for a mortgage even though they represented approximately 15 per cent of the entire UK workforce, which is somewhere in the region of 5 million workers.

The sector is forecast to grow rapidly as advances in technology has meant that more people than ever before are creating new businesses and transforming their homes into places of work. The trend is not likely to reduce and it appears to have finally been noticed by lenders, or at least, the specialist lenders that are offering more proactive and flexible financial solutions than their High Street counterparts.

Beyond Simple Credit Scores

Specialist lenders take a more realistic and accommodating approach to credit issues as opposed to major banks and lenders who usually decline cases with even the slightest hint of credit damage, even if the individual in question was a ‘first-time offender’ and the oversight was entirely understandable.

Specialist lenders take the applicant’s wider financial situation into consideration. If they are clearly in a stable financial position but have missed the occasional payment, this in no way disqualifies them from eligibility.

Specialist lending does not follow the tick box mentality of its mainstream counterparts, ensuring that all applications are assessed by way of individual merit.

The Importance of Independent Broker Support

The rise of specialist mortgages and loans does not mean that it is impossible to obtain a good deal on the High Street. It simply means that many options are now possible to ensure you get the best deal, whatever you are looking for,

This is where independent broker support can prove helpful. By working with an experienced broker who has no brand ties or affiliations you can tap directly into both sides of the market to find your ideal loan or mortgage.

With many of the UKs specialist lenders working exclusively via brokers, this is often the only way of accessing the specialist financial support your case may warrant.


8 + 17 =

Please complete the above equation to prove you are not a robot.

By completing this preliminary form, we WILL NOT perform credit checks, NOR will we pass your information to any third parties. We are committed to protecting your personal data and are registered with the Information Commissioner Office (ZA115985).
See our privacy policy for more details.
Secure data processing

Bridgingloans.co.uk is a trading style of UK Property Finance Ltd which is authorised and regulated by The Financial Conduct Authority (FCA) FRN no 667602. Think carefully before securing debts against your home. Your property could be repossessed if you do not keep up repayments on your mortgage or on any other debt secured on it. The team at UK Property Finance have many years of experience in all types of regulated and unregulated property finance, in-particular bridging finance and property development finance. Not all property finance products are regulated by the Financial Conduct Authority.

Association of Bridging Professionals
connect with us Live Chat
Live Chat
Please complete the following fields:
Scroll To Top