Masthaven has become the latest lender member to join the Bridging & Development Lenders Association (BDLA).
Founded in 2005, Masthaven's range of bridging products serves 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.
Masthaven returned to market via Spring Finance's acquisition last month.
The BDLA currently has 48 lender members with a collective loan book exceeding £10.3 billion, alongside 44 associate members.
Vic Jannels, CEO of the BDLA, commented: “I’m delighted to welcome Masthaven as the latest lender member of the BDLA. 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, director of bridging and development finance at Masthaven, said: “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. At Masthaven, we take great pride in offering flexible and tailored financial solutions that support property investors and developers in achieving their goals. 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.”
