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Bridging lending hits a record £10bn
Recent data from the Bridging & Development Lenders Association (BDLA) shows a 28.6% rise in bridging completions for Q4 2024, reaching £2.30bn.
Additionally, overall loan books have surged by 14.4%, now standing at £10.30bn. This is the first time lending has hit £10bn, marking significant growth in the sector.
This highlights a growing opportunity for brokers and property professionals, showing that demand for this type of finance is stronger than ever.
With this rapid growth, brokers can’t afford to overlook this market. As BDLA CEO Vic Jannels points out, it reflects the growing recognition of how bridging finance can enable time-sensitive transactions and support developments that traditional funding can’t.
If bridging finance isn't your area of expertise, now is the time to explore it. However, if it's a niche you're not yet comfortable with, you don’t have to navigate it alone. Finding a referral partner with the experience and resources to support your cases can help.
Our team offers regular training sessions to help you upskill in various product areas. However, if you're simply looking to pass your cases over, we’re also here to assist with that. Give us a call on 0800 032 9595 for support.
