Underwriter - Real Estate Development & Bridging loans

JR United Kingdom; City Of London; Hybrid; GBP 50,000 - 80,000; Full time

Job summary

A leading property lender in London is seeking an experienced Underwriter to manage loans across development and bridging finance. This role offers the chance to work in a dynamic team and participate in the rapid growth of a well-capitalized platform, with opportunities for progression.

Benefits

Hybrid working

Supportive team culture

Opportunities for progression

Qualifications

• 3–6+ years of experience in real estate lending, underwriting or credit analysis.
• Strong knowledge of UK development and bridging finance.
• Experience with mezzanine or stretch senior financing is a plus.

Responsibilities

• Underwrite loans across development, bridging and mezzanine structures.
• Conduct due diligence on borrowers and assets.
• Prepare concise and well-structured credit papers.

Skills

Real estate lending

Underwriting

Credit analysis

Attention to detail

Communication

Job description

Social network you want to login/join with:

Underwriter - Real Estate Development & Bridging loans, london (city of london)

col-narrow-left

Client:

Caravel

Location:

london (city of london), United Kingdom

Job Category:

Other

-

EU work permit required:

Yes

col-narrow-right

Job Views:

3

Posted:

16.06.2025

Expiry Date:

31.07.2025

col-wide

Job Description:

A well-backed and fast-growing property lender is looking to hire an experienced Underwriter to join their team in London.

With a strong pipeline of deals and a diverse portfolio across development, bridging, and mezzanine finance, this is a great opportunity to take on a hands-on underwriting role in a highly active credit environment.

The business is focused on UK commercial real estate and is backed by institutional capital, with a warehouse line already in place. Their platform has grown quickly since launching in late 2024 and has ambitious plans to scale their loan book significantly over the next 12–18 months.

What you’ll be doing:

• Underwrite loans across development, bridging and (ideally) mezzanine structures
• Conduct due diligence on borrowers, assets, exit strategies, and professional reports
• Review development appraisals, borrower financials and cash flows
• Prepare concise and well-structured credit papers
• Work closely with originators, case managers, valuers, solicitors and surveyors
• Identify and mitigate risks to support credit committee recommendations

What they’re looking for:

• 3–6+ years of experience in real estate lending, underwriting or credit analysis
• Strong knowledge of development and bridging finance in the UK market
• Mezzanine or stretch senior experience would be a plus
• Confident analysing development appraisals and complex lending structures
• Clear communicator with a high level of attention to detail
• Comfortable working in a lean, fast-paced, high-volume environment
• High deal volume and exposure to a wide range of real estate transactions
• Direct access to decision-makers and the credit committee
• Well-capitalised and institutionally backed platform
• Hybrid working and supportive team culture
• Clear opportunity for progression as the platform scales