Bath & West Finance rebrands as new nationwide specialist lender
Regional lender Bath & West Finance has rebranded to Black & White Bridging - a new nationwide lender led by new commercial director, Damien Druce.

Damien will be responsible for driving Black & White’s growth plans, working alongside founder Martyn Smith. Martyn's first business, bridgingloans.com, became the first bridging lender to be AIM listed.
Damien was director of intermediaries for P2P lender Assetz Capital, with previous roles at LendInvest and Castle Trust.
Damien said: “I am delighted to be joining Black & White Bridging, the new identity of Bath & West Finance. Martyn and I intend to take the best of an already respected short term lending brand and build on those foundations to create a national presence and bring our particular style of bridging to a wider audience.
"While there are many new lenders in the sector, not one of them brings the level of proven service standards and intimate knowledge and experience of the sector that Black & White does.”
Martyn Smith commented: “Black & White Bridging is committed to the intermediary sector and while advisers have access to an astonishing range of lenders, old and new, the simple truth is that few of them are able to match the expectations of the broker market on a consistent basis. Black & White intends to change that perception by offering introducers a service that delivers on every level with no grey areas and will ultimately set the bar for excellence for the future.
"I am delighted to welcome Damien formally to Black & White Bridging, working alongside me to raise the profile of the new brand and develop our proposition to brokers. With his passion for short term lending, allied to our collective experience in this space, Damien will occupy a central and pivotal position in the new business. In taking our brand to market, he brings a deep appreciation of what brokers want from a lender, which will be central to our approach. His experience will be invaluable in shaping our offering both now and in the future.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Santander
Santander to acquire TSB in £2.65bn deal

Bank Of England
Bank of England issues first-of-its-kind fine of £11.9m

Regulation
Lenders urged to prepare for court ruling on commissions as motor finance complaints surge

Financial Conduct Authority
FCA moves ahead with targeted support in 'transformational' advice reforms

This week's biggest stories:
Santander
Santander to acquire TSB in £2.65bn deal

Bank Of England
Bank of England issues first-of-its-kind fine of £11.9m

Regulation
Lenders urged to prepare for court ruling on commissions as motor finance complaints surge

Financial Conduct Authority
FCA moves ahead with targeted support in 'transformational' advice reforms

Mortgages
FCA and PRA remove 15% LTI cap for mortgage lenders

GDP
August rate cut likely as GDP falls for second consecutive month
