Abridge Finance

Mortgage and protection advice based in the City of London

Abridge Finance is a mortgage and protection advisory firm established in the City of London serving clients across the country. Its work ranges from first-time buyers to high-net-worth individuals (HNW) and overseas buyers, as well as those seeking commercial finance or bridging loans. The firm presents itself as an intermediary with access to a broad network of lenders and with the ability to handle cases that do not fit the standard policies of a conventional bank.

Mortgage finance products

The service offering is organised into several finance lines:

• Residential mortgages: aimed at purchasing a main home.
• Buy to let: finance for investors who wish to rent out properties and obtain an additional income stream.
• Specialist finance: bridging loans, development finance, commercial mortgages, high-net-worth mortgages and finance for overseas buyers.

The firm states that its team has expertise in all types of complex lending and that it works with a network that includes mainstream mortgage lenders, private banks, challenger banks, platforms and alternative lenders, bridging finance lenders and overseas lenders. According to its presentation, these relationships enable faster approvals and access to preferential terms that are not usually available directly to the public.

Protection and insurance

In addition to finance, Abridge Finance offers protection solutions: mortgage and family protection insurance, business protection and employee benefits. The stated aim is for the client to be covered against eventualities and for the cover to be integrated into overall financial planning.

How we work

The process described by the firm begins with a detailed consultation to understand the client's financial goals and needs. From there, the team seeks the most suitable lenders and products by leveraging its market access, manages the entire application journey through to completion and provides ongoing support after completion, for example with remortgaging advice when the current deal ends. The firm emphasises that it does not charge any fee until the client finds a property and is ready to submit a full application, so the initial advice is free of charge.

Client profile and complex cases

The business is aimed at first-time buyers, investors, high-net-worth individuals and international buyers. The firm expressly mentions that it can guide complex situations such as self-employed workers, poor credit histories, multiple streams of income or unusual property types. In the FAQ section it details that lenders typically offer 4.4 to 6 times annual income, that the usual minimum deposit for residential mortgages is around 5% of the purchase price — although a larger deposit, between 10% and 25%, can facilitate better rates — and that for buy to let and commercial premises more than 20% is normally required. It also lists the costs associated with a mortgage: valuation, legal fees, stamp duty and property surveys.

Structure and regulation

Abridge Finance Ltd operates as an Appointed Representative of New Leaf Distribution Ltd, an entity authorised and regulated by the Financial Conduct Authority (FCA) with number 460421. The company is registered in England and Wales with number 1029338 and registered office at 201-203 Moston Lane East, Manchester, M40 3HY. Its business address is 107-111 Fleet Street, Ludgate House, London, EC4A 2AB. The firm warns that buy to let mortgages and commercial finance are not usually regulated by the FCA and that failure to pay instalments may result in the loss of the home.

Location and contact

107-111 Fleet Street, Ludgate House, London, EC4A 2AB · Phone: 0203 623 2408 · Email: info@abridgefinance.co.uk