Pallas Capital has joined the Bridging & Development Lenders Association (BDLA), becoming the latest lender member of the trade body.
Pallas Capital provides bridging and development finance across the UK, supporting borrowers and brokers at each stage of the property cycle.
Its lending proposition covers acquisition, refurbishment, development and refinancing, with facilities available on residential, mixed-use and commercial property, as well as vacant land.
The BDLA is the UK’s only trade association dedicated to representing the interests of bridging and development lenders and their customers.
The association now has 55 lender members, together representing a collective loan book of more than £13.7 billion. Total membership, including associate firms, is approaching 100.
Adam Tyler, chief executive at the BDLA, said: “We are delighted to welcome Pallas Capital to the BDLA. Membership of our association demonstrates a strong commitment to responsible, specialist property finance and as our membership continues to grow, so does our ability to collectively influence key conversations with brokers, regulators, and policymakers.
“Together we can ensure that our sector remains robust, responsible and forward-looking.”
Ben Keenan (pictured), executive director at Pallas Capital, said: “Joining the BDLA is a natural step for Pallas Capital. We are pleased to become part of a trade body that plays such an important role in supporting best practice and representing the specialist property finance sector.
“We look forward to collaborating with fellow members and contributing to shared efforts that strengthen the industry and support positive outcomes for customers.”
