The lender offers bespoke bridging loans and development finance for investors and developers. Its senior team has been involved in secured finance for more than two decades, providing more than £1bn to borrowers.
Rob Roscoe, chief executive officer of Colenko, said the lender had a “strong set of values” which aligned closely with the principles underpinning the ASTL, centring around providing a quality experience to borrowers.
He added: “We’re delighted to become members and look forward to helping support its work in advancing the reputation of the sector.”
Vic Jannels (pictured), CEO of the ASTL, said that this was a pivotal year for the bridging sector, with the launch of the Certified Practitioner in Specialist Property Finance (CPSP) qualification, and noted that the trade body had continued to grow its membership.
He continued: “This helps to give us a stronger voice in promoting the sector, engaging with policy makers and delivering new initiatives to uphold standards.”
The ASTL has added a host of members in recent months, including Humphrey & Gray and Allsop.
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