Bridging lender, Pallas Capital, has joined the Bridging & Development Lenders Association (BDLA) as a new lender member.

Pallas Capital provides bridging and development finance across the UK with products to support a range of property needs, including acquisition, refurbishment, development and refinancing.

The BDLA, the UK’s only trade association dedicated to representing the interests of bridging and development lenders, now has 55 lender members. The association also represents a collective loan book of more than £13.7bn.

Executive director at Pallas Capital, Ben Keenan, commented that joining the BDLA is a “natural step” for Pallas Capital.

“We are pleased to become part of a trade body that plays such an important role in supporting best practice and representing the specialist property finance sector, and we look forward to collaborating with fellow members and contributing to shared efforts that strengthen the industry and support positive outcomes for customers,” Keenan said.

CEO of the BDLA, Adam Tyler, added: “We are delighted to welcome Pallas Capital to the BDLA. Membership of our association demonstrates a strong commitment to responsible, specialist property finance and as our membership continues to grow, so does our ability to collectively influence key conversations with brokers, regulators, and policymakers.

“Together we can ensure that our sector remains robust, responsible and forward-looking.”

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