The latest figures from the Bridging & Development Lenders Association (BDLA) show that the total value of bridging lenders’ loan books is up 4.3% up on Q2 and 51.6% up on the same period last year.
The report noted that completions came to £2.5bn in the three months to the end of September, a 9.6% rise on the prior period.
Applications also rose to £11.4bn, a 11.8% quarterly rise and a continuation of a year-on-year trend of growth.
Total development loans written came to £376.8m, compared to £416.7m during Q2 2025.
The report added that the value of second charge loans completed stood at £155.2m, which is an increase from £135.4m the previous quarter.
Renters’ Rights Act: what landlords may be getting wrong
Sponsored by BM Solutions
Vic Jannels, CEO of the BDLA, said: “This quarter’s figures underline the continued strength [of] the bridging sector. With completions climbing to £2.bn and loan books hitting another record high, it’s clear that demand for short-term finance remains strong and consistent.
“The macroeconomic 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 recently welcomed Brookfield Surveyors and Kennek as associate members.
