Tiuta PLC is the only bridging lender to make the list and are placed 21st with £0.1 billion of lending and a 0.1% market share. This is an improvement on its 2009 placing of 23rd.
The specialist has recently announced a series of strong monthly and quarterly lending levels throughout May, June and July following its decision to focus completely on the bridging loan market.
It anticipates continued growth throughout the rest of 2011 and already has a strong pipeline of business given the increased demand for its loans.
Tiuta provides regular quarterly updates on its lending and redemption levels.
Steven Nicholas, CEO at Tiuta, commented:
“It is particularly pleasing to see Tiuta once again in the top 30 UK lenders in terms of gross lending and to have improved on our performance from 2009.
"To be the only bridging loan specialist out of all those lenders also shows the levels of finance we are offering and our unique status within our own sector.
"We are committed to the bridging market and will be looking to maintain our position within the Top 30 for 2011 and beyond.
"Certainly the Spring and Summer months have seen record levels of business for us and all signs are that this will continue as we move towards the end of the year.
"Demand for our products and finance have never been greater and we are building new relationships all the time through our enhanced business development team.
"We would urge any broker or introducer who is seeking short-term finance for their clients to contact Tiuta to see how we can provide the help and support they need.”
