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Job Title


Underwriter - Real Estate Development & Bridging loans


Company : Caravel


Location : London, London


Created : 2025-06-13


Job Type : Full Time


Job Description

Underwriter - Real Estate Development & Bridging loansIf you think you are the right match for the following opportunity, apply after reading the complete 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 1218 months.What youll be doing:Underwrite loans across development, bridging and (ideally) mezzanine structuresConduct due diligence on borrowers, assets, exit strategies, and professional reportsReview development appraisals, borrower financials and cash flowsPrepare concise and well-structured credit papersWork closely with originators, case managers, valuers, solicitors and surveyorsIdentify and mitigate risks to support credit committee recommendationsWhat theyre looking for:36+ years of experience in real estate lending, underwriting or credit analysisStrong knowledge of development and bridging finance in the UK marketMezzanine or stretch senior experience would be a plusConfident analysing development appraisals and complex lending structuresClear communicator with a high level of attention to detailComfortable working in a lean, fast-paced, high-volume environmentWhy join?High deal volume and exposure to a wide range of real estate transactionsDirect access to decision-makers and the credit committeeWell-capitalised and institutionally backed platformHybrid working and supportive team cultureClear opportunity for progression as the platform scales