Wey Bridging Finance has become the latest lender to join the Bridging & Development Lenders Association (BDLA), the trade body representing the short-term property finance sector.
The lender provides unregulated short-term loans to businesses and individuals, using its own capital to lend directly into the UK property market. With more than 20 years’ experience in the sector, Wey Bridging’s expertise spans buy-to-let portfolios, planning applications, development and bridging finance.
The BDLA represents lenders of all sizes and business models, promoting best practice, tackling fraud and engaging with regulators on behalf of its members.
Vic Jannels (pictured), chief executive of the BDLA, said: “We’re delighted to welcome Wey Bridging Finance as the latest lender member of the BDLA. Our association continues to grow in both size and influence, reflecting the vital role bridging and development lenders play across the UK property market.
“Each new member strengthens our collective voice as we continue to improve education, promote best practice, tackle fraud, and ensure fair representation for our sector in conversations with regulators and policymakers.”
Jordan Hallows, founder and chief executive at Wey Bridging Finance, added: “Joining the BDLA is a proud moment for Wey Bridging.
“In a sector that’s evolving fast, we want to play an active role in raising standards and contributing to meaningful industry dialogue.
“The BDLA’s work on issues like fraud prevention, best practice and regulatory engagement is essential, and we look forward to supporting those efforts while continuing to deliver responsive, relationship-driven lending for our broker partners and clients.”