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by Ivor Ivor No Comments

Masthaven joins the BDLA

Masthaven has become the latest lender member to join the Bridging & Development Lenders Association (BDLA).

Founded in 2005, Masthaven is specialist property finance lender with an offering that includes bridging and development finance. Its range of bridging products has been designed to serve clients with a wide range of requirements including speed of transactions, multiple securities, complex credit and refurbishment projects. Masthaven’s development finance is available for single builds, multiple builds, part-built developments, conversions large extensions and developer exits.

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by Ivor Ivor No Comments

District & County Investments joins the BDLA

District & County Investments has become the latest lender to join the Bridging & Development Lenders Association (BDLA).

District & County Investments is a Merseyside based bridging lender with a long history of providing clients with the vital funding required to help them with all aspects of property development and purchase. Loans are available for a range of purposes, including auction purchase, land purchase, new build developments, light/heavy refurbishments, mixed use, buy to let acquisitions and small portfolios.

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by Ivor Ivor No Comments

Bridging loan books break through £10bn

Bridging lending has continued its record-breaking growth, with data from the Bridging & Development Lenders Association (BDLA) showing increases in applications, completions and loan book values, which have broken through £10bn for the first time.

The figures, compiled by auditors from data provided by members of the BDLA, show that bridging completions grew to a new record of £2.30bn in Q4 2024, representing a 28.6% increase on the previous quarter.

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by Ivor Ivor No Comments

Movin Legal joins the BDLA

Movin Legal has become the latest organisation to join the Bridging & Development Lenders Association (BDLA) as an associate member.

Movin Legal is a conveyancing intermediary platform that provides amongst its services specialist offerings for bridging conveyancing, auction purchases and commercial property. It provides access to a panel of experts in the fields of investment and development property, both residential and commercial, with tightly managed and monitored deadlines and a fixed fee guarantee.

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by Ivor Ivor No Comments

Tackling Fraud must be a key theme for the bridging industry

As we look ahead to 2025, the Bridging & Development Lenders Association (BDLA) is placing a strong emphasis on tackling fraud within the bridging and development lending sector. Fraud is a significant and growing risk to our industry, undermining trust and causing financial and reputational harm. This year has already highlighted the severity of this issue with a high-profile case involving a peer-to-peer bridging lender suing a lawyer after advancing nearly £800,000 to a fake client using fraudulent ID documents. Such incidents are a stark reminder of how sophisticated and damaging modern fraud schemes can be.

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by Ivor Ivor No Comments

Inspired Lending joins the BDLA

Inspired Lending has become the latest lender to join the Bridging & Development Lenders Association (BDLA).

Inspired Lending is a specialist short-term lender that offers the certainty of private funding coupled with a tailored approach to lending from a highly experienced team. It provides loans for property purchase, refinancing existing debt, releasing capital or restructuring a portfolio, as well as refurbishment finance to fund light or heavy renovation or conversion projects.

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by Ivor Ivor No Comments

Bridging into the future – a bright outlook for 2025

The bridging market continues its extraordinary growth, with the latest Q3 2024 data from the Bridging & Development Lenders Association (BDLA) showcasing record-breaking figures across completions, loan book values, and applications. Bridging completions surged to an unprecedented £1.79 billion, a 2.6% increase from the previous quarter. Loan books crossed the £9 billion milestone for the first time, growing by 7.6% to £9.01 billion, while applications rose 6.7%, reaching £10.9 billion. Read more

by Ivor Ivor No Comments

Belleveue Mortlakes joins the BDLA

Belleveue Mortlakes Chartered Surveyors has become the latest organisation to join the Bridging & Development Lenders Association (BDLA) as an associate member.

Belleveue Mortlakes provides a wide range of services in various property and asset management related disciplines, offering expert, independent and impartial advice in accordance with legal and industry guidelines. The core services it delivers include LPA receivership, secured lending valuations on both commercial and residential, as well as valuations for tax purposes and expert witness.
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by Ivor Ivor No Comments

Saible joins the BDLA

Saible has become the latest organisation to join the Bridging & Development Lenders Association (BDLA) as an associate member.

Saible is a transparent, secure payment system that ring-fences funds and protects them at every stage of a project. Saible helps to reduce risks by protecting funds for a project and its supply chain, it enables payments to be managed more efficiently and delivers greater transparency with a complete audit trail.
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