The recent BDLA Annual Conference heard the view that capital investment in bridging lending is expected to continue to increase over the next 12 months.
The BDLA Annual Conference, which was held earlier this month exclusively for members and associate members of the association, included a panel discussion on the funding landscape for the specialist mortgage sector – accessing capital across all growth stages.
HEAVY HITTERS
The panel, which was chaired by Stuart Mogg, managing director, head of financial services Debt & Capital Advisory, at Interpath Advisory, featured Jordan Blakesley, managing director at Quillam Capital; Rob Tanna-Smith, executive director at J.P. Morgan; Miray Muminoglu, managing director, head of securitised products group and FIG DCM at Lloyds Banking Group, and Warren Mutch, head of speciality finance at Shawbrook Bank.
Mogg said: “Both the bridging and development finance markets and their capital options have evolved significantly over the years and I feel privileged to have been part of this evolution both as a lender and advisor to the sector.
THE BAR WILL RISE
“Moving into 2025, we expect capital options to continue to increase, which was a message that was echoed by the panel during the session. However, my view is that the bar will also rise for those seeking these capital options and so lenders within the bridging and development finance space need to ensure they remain focused on the fundamentals, such as data, underwriting discipline and collections processes, before approaching capital providers.”
“It was a hugely positive debate, with all the panel very positive about the future opportunities and potential growth of the bridging sector”
Vic Jannels, CEO of the BDLA, said: “We were delighted with the BDLA Annual Conference this year, which treated our members and associate members to an afternoon full of education, entertainment and networking.
“One of the standout sections was certainly the panel discussion, which provided insights directly from key decision-makers on the capital environment for bridging lenders. It was a hugely positive debate, with all the panel very positive about the future opportunities and potential growth of the bridging sector.”
