Trade body nears 50 lender members
Specialist property lender Masthaven has become the newest member of the Bridging & Development Lenders Association (BDLA).
Established in 2005, Masthaven provides bridging and development finance, offering tailored solutions for property investors and developers. Its bridging products cater to various borrower needs, including fast transactions, multiple securities, complex credit cases, and refurbishment projects. The lender’s development finance supports single and multiple builds, part-completed projects, conversions, large extensions, and developer exits.
The BDLA – formerly the Association of Short Term Lenders – represents bridging and development lenders, advocating for their interests and those of their clients. The association now includes 48 lender members with a combined loan book exceeding £10.3 billion, alongside 44 associate members. Other recent additions include District & County Investments, conveyancing intermediary platform Movin Legal, and specialist short-term lender Inspired Lending.
“I’m delighted to welcome Masthaven as the latest lender member of the BDLA,” said Vic Jannels (pictured left), chief executive of the Bridging & Development Lenders Association. “Our association is fast approaching 50 lender members, a testament to the growing recognition of our role in advocating for the bridging and development finance sector.
“As we continue to expand, so does our influence in shaping the industry’s future, promoting best practices, and ensuring that the needs of lenders and borrowers are met. Masthaven’s expertise and commitment to high standards make them a valuable addition to our growing membership.”
Claire Newman (pictured right), director of bridging and development finance at Masthaven, said the move aligns with the lender’s focus on innovation and collaboration within the sector.
“We are thrilled to join the BDLA and be part of an association that is committed to driving progress and innovation in the bridging sector,” she stated. “Becoming a member of the BDLA aligns with our mission to contribute positively to the industry, collaborate with like-minded professionals, and help shape the future of specialist lending.”
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