Adam Tyler, CEO of the BDLA, commented:
“As the trade body for bridging and development lenders, the BDLA is aware of current commentary regarding a small number of lenders in the sector at the present time. Our view is that it is not reasonable for us to comment on individual firms whilst matters are under review. We are focused on the continued stability of the wider membership and the protection of the whole industry's reputation.
“Our industry is built on resilience and liquidity. Despite the operational challenges that can arise in any economic climate, the sector remains strong, vibrant, and ready to lend. The BDLA exists to champion the professionalism and high standards that the market expects.
“We are here to support our members and ensure that the bridging sector remains a trusted, transparent, and effective route for finance. Our priority remains the health of the market and the delivery of excellent outcomes for every customer.”
