The bridging market saw renewed growth in Q3 2025, with lending and application volumes both rising after a slight cooling in the previous quarter, according to the latest figures from the Bridging & Development Lenders Association (BDLA).
Completions totalled £2.5 billion in the three months to the end of September, representing a 9.6% increase on Q2 2025 and 42% higher than the same period last year. Applications also grew to £11.4 billion, marking an 11.8% quarterly rise and continuing the year-on-year upward trend.
The total value of lender loan books climbed for a third consecutive quarter, reaching a record £13.7 billion – up 4.3% on June and 51.6% higher than September 2024.
Total development loans written were £376.8m, compared to £416.7m during Q2 2025, and the value of second charge loans completed was £155.2m which is an increase from £135.4m the previous quarter.
Vic Jannels, CEO of the BDLA, commented:
“This quarter’s figures underline the continued strength the bridging sector. With completions climbing to £2.5 billion and loan books hitting another record high, it’s clear that demand for short-term finance remains strong and consistent.
“The macro-economic outlook may be uncertain, but there is plenty of reason to look forward with optimism at the BDLA. We’ll soon tip over more than 100 members and we have just announced the appointment of Adam Tyler as our next CEO — a move that signals continued momentum and ambition for the Association and for the sector we represent. With a growing membership, a louder voice, and a clear focus on standards, education and engagement, we’re building strong foundations for the future.”
The BDLA data is compiled by independent auditors using figures submitted by lender members. It provides one of the most comprehensive snapshots of the UK bridging and development lending sector.
