Editor's note: This brief was summarised by The Property AI Newsroom from a report by Mortgage Solutions. Read the original article for full details.

Pluto Finance Relaunches Bridging Loans Focused on £1m–£10m Market

Pluto Finance has relaunched its bridging proposition, introducing a dedicated team to handle transactions between £1 million and £10 million. The relaunch follows a review led by lending director Darius Shekarrizi and includes service improvements aimed at helping brokers move deals through more quickly.

Pluto Finance stated that the changes are designed to broaden brokers’ understanding of the firm’s appetite and expertise in the specialist finance market. The company has invested in specialist resources, strengthened its professional panel, and improved the speed of engagement with brokers.

Since joining Pluto Finance, Darius Shekarrizi has overseen the overhaul of the bridging business, refining the proposition to meet the needs of today’s specialist finance market. The firm highlighted that it has long been recognised for delivering larger, more complex transactions, and now sees significant opportunity in supporting brokers with deals in the £1 million to £10 million range.

Justin Faiz, chief executive and co-founder of Pluto Finance, said the relaunch reinforces the company’s focus on providing support for the £1 million to £10 million market, in addition to landmark transactions. The firm aims to offer speed, certainty, and a commercial approach for brokers seeking funding within this range.

For UK letting agents and inventory clerks, the relaunch may be relevant for clients seeking bridging finance for property transactions in the £1 million to £10 million bracket, with an emphasis on improved service and faster deal progression.