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Bridging in late 2026: new lenders, but your exit plan matters most

More lenders want to write bridging loans, but they are looking harder than ever at how you will repay.

By Our Mortgage Broker15 October 20262 min read

Bridging is busier than it has been for a while on the lender side. New names are arriving and existing ones are hiring. But the deals that complete smoothly have one thing in common: a clear, realistic plan for paying the loan back.

What's happening in the bridging market

Fewer completions, more competition. Bridging & Development Lenders Association (BDLA) figures put Q2 2026 completions at £1.6 billion, down from £2.3 billion a year earlier (reported 14 October 2026). Yet the Interpath and BDLA Bridging Market Survey 2026 found 52% of lenders reported higher origination volumes.

New lenders are coming in. Paragon Bank has made two senior bridging hires ahead of a pilot with selected brokers in early 2027 and a wider launch later that year. Secure Trust Bank's Business Finance arm reported around £60 million of bridging deals in the first half of 2026, its first period since launching.

Bank Rate is on hold. The Bank of England kept Bank Rate at 3.75% in September. Its next decision is due on 5 November 2026.

Why your exit plan matters more than ever

A bridging loan is short-term finance, so every lender wants to know how and when it will be repaid. That "exit" is usually a sale or a refinance onto a longer-term mortgage.

With house sales taking longer, lenders are testing exit assumptions at the start. A plan that relies on a quick sale or on market conditions improving is likely to face more questions. A plan with realistic timings, evidence and a back-up option is far more likely to get a positive answer.

Who uses bridging, and why

  • Homeowners buying before they sell, or rescuing a broken chain.
  • Investors buying at auction, where completion is often due within 28 days.
  • Landlords and developers refurbishing a property before refinancing, or releasing capital from a finished development while units sell.

Bridging on your own home is usually regulated by the FCA. Most bridging for investment, development or commercial property is not.

Quick tips

  • Write down your exit with dates, and add a sensible buffer for slow sales or valuations.
  • If you plan to refinance, check you would meet the term lender's rules (for example, rental cover for buy-to-let) before you take the bridge.
  • Look at the total cost, not just the monthly rate: arrangement, exit, valuation and legal fees all add up.
  • Get your paperwork ready early: ID, proof of funds, schedule of works and your portfolio details.
  • Don't leave it until the last minute. Talking to a broker early gives more lenders time to look at your case.

How OMB can help

Our CeMAP-qualified advisers arrange bridging, development and commercial finance across a wide panel of lenders, and we can help you shape a deal around a credible exit. Try our bridging deal checker to see how your case looks, read our guide on how a bridging loan works, or see how we rescued a broken chain in Hampstead.

Sources

To talk it through, contact us or start your enquiry.

Important: This guide is general information, not personal advice. Rules, rates and lender criteria change; speak to an adviser about your circumstances. Your home may be repossessed if you do not keep up repayments on your mortgage.

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