The placing is an improvement on its 2009 placing of 23rd and puts Tiuta as the only bridging lender to make the list (see http://mortgageintro.wpengine.com/mortgages/241118/5/Industry_in_depth/Largest_lenders_of_2010_revealed.htm).
It recently announced a series of strong monthly and quarterly lending levels throughout May, June and July after exiting the regulated mortgage market to focus on the bridging loan market.
The lender said it anticipated continued growth throughout the rest of 2011.
Council of Mortgage Lenders figures were rounded to the nearest £100m.
Steven Nicholas, chief executive officer at Tiuta, said: “It is particularly pleasing to see Tiuta once again in the top 30 UK lenders in terms of gross lending and to have improved on our performance from 2009.
“To be the only bridging loan specialist out of all those lenders also shows the levels of finance we are offering and our unique status within our own sector. We are committed to the bridging market and will be looking to maintain our position within the Top 30 for 2011 and beyond.
“Certainly the Spring and Summer months have seen record levels of business for us and all signs are that this will continue as we move towards the end of the year. Demand for our products and finance have never been greater and we are building new relationships all the time through our enhanced business development team.
“We would urge any broker or introducer who is seeking short-term finance for their clients to contact Tiuta to see how we can provide the help and support they need.”
