Ward Hadaway has joined the Bridging & Development Lenders Association (BDLA) as an associate member.
Ward Hadaway is a law firm with a real estate and property finance practice. It has offices in Leeds, Manchester and Newcastle, and provides legal services to bridging and development lenders.
It also offers support across a range of transactions from acquisition funding, development finance, loan management, exit planning, recovery and enforcement.
The BDLA represents the bridging and development lending community, and has nearly 100 lender and associate members, with lender members collectively supporting a loan book exceeding £10.3bn.
Chief executive officer at the BDLA, Vic Jannels, said: "It’s a pleasure to welcome Ward Hadaway as the latest associate member of the BDLA. It’s a well-established firm in property finance, with an understanding of the bridging sector’s unique requirements, and will be a strong addition to our growing network of professional partners.
"The BDLA continues to go from strength to strength, we are approaching almost 100 lender and associate members now part of our community and this momentum is a testament to the value that members see in working collaboratively to raise standards, shape regulation, and drive innovation across the sector. As our membership grows, so too does our influence in championing the interests of short-term property lenders and the professionals who support them."
Partner at Ward Hadaway, Owen Ormond, added: "We are delighted to be joining the BDLA at a time of great momentum in this specialist corner of the market. The BDLA plays a vital role in shaping the future of short-term property finance, and we look forward to contributing to the association’s goals of raising standards, supporting its member lenders, and encouraging sustainable growth in the market."
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