Peer-to-peer property lender e-Money Capital Limited has joined the Bridging & Development Lenders Association (BDLA) as a lender member, as the trade body’s total lender cohort reaches 55.
e-Money Capital Limited, which trades as easyMoney, is a property-focused peer-to-peer lending platform offering bridging and development finance secured against UK property. The firm is authorised and regulated by the Financial Conduct Authority.
The BDLA is a trade body dedicated to representing the interests of bridging and development lenders and their customers.
It now counts 55 lender members with a collective loan book of more than £13 billion, while overall membership, including associate firms, has surpassed 100 organisations.
Adam Tyler, chief executive of the BDLA, says: “We are pleased to welcome e-Money Capital Limited as a Lender Member of the BDLA. As the market continues to grow, the role of responsible lending, strong underwriting and a focus on customer outcomes becomes even more important.
“Lender Members are central to the Association’s work in promoting high standards across the sector, and we look forward to working with e-Money Capital Limited as we continue to strengthen the voice of bridging and development lenders.”
Jason Ferrando, chief executive at e-Money Capital Limited, adds: “We are delighted to join the BDLA as a Lender Member and to support the work the Association is doing to promote high standards across specialist property finance.
“Through easyMoney, our focus is on providing simple, transparent access to property-backed bridging and development finance, and we look forward to working alongside fellow members as the sector continues to evolve.”
The move sees another active short-term and development finance provider align itself formally with the sector’s main trade body, at a time when scrutiny of underwriting standards, governance and customer outcomes remains a consistent theme in specialist lending.
For brokers operating in the bridging and development space, continued expansion of the BDLA’s lender base underlines the breadth of funding lines now represented within the association, as well as the growing institutionalisation of what was once viewed as a niche segment of the market.
