CapitalRise joins the BDLA
The specialist lender offers bridging and development finance for projects ranging from luxury refurbishments to ground-up developments.
CapitalRise has become the latest lender member to join the Bridging & Development Lenders Association (BDLA).
CapitalRise is a specialist property finance company founded in 2016 by luxury developers, with a unique focus on high-end property across the UK and a particular specialism in London and the South East. It offers bridging and development finance for projects ranging from luxury refurbishments to ground-up developments.
The BDLA now has more than 50 lender members, with a collective loan book of over £13 billion, and its total membership including associate firms is fast approaching 100.
Vic Jannels (pictured), CEO of the BDLA, commented: “We are delighted to welcome CapitalRise 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.”
Lorenzo Satchell, director of sales at CapitalRise, added: “Joining the BDLA was a natural step for CapitalRise. We’re passionate about delivering smart, bespoke finance for high-end developments and believe in contributing to a more transparent and collaborative marketplace. The BDLA provides a valuable platform for lenders to shape the future of bridging and development finance, and we’re pleased to be a part of that.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
First-time Buyer
Just one profession pays enough for buyers to afford average UK home
Inflation
Interest rates could rise as Bank of England responds to oil shock
Bank Of England
Bank of England holds interest rates as inflation risks persist
FCA
APPG urges overhaul of 'systemically flawed' UK financial conduct regulation
This week's biggest stories:
First-time Buyer
Just one profession pays enough for buyers to afford average UK home
Inflation
Interest rates could rise as Bank of England responds to oil shock
Bank Of England
Bank of England holds interest rates as inflation risks persist
FCA
APPG urges overhaul of 'systemically flawed' UK financial conduct regulation
Mortgage Rates
Average mortgage rates rise above 5% as market turbulence continues
FCA
FCA confirms new incident reporting and third party rules