Property finance and investment platform, TAB, has joined the Bridging & Development Lenders Association (BDLA) as a lender member.
Founded in 2018, TAB caters to property projects that are not aligned with the criteria of traditional lenders. Since then, TAB has expanded and offers a growing range of investment opportunities including fractional property ownership and fractional debt investments.
Representing the UK’s bridging and development finance sector, the BDLA's membership now exceeds 90 organisations, including lender members with a combined loan book of more than £10.3 billion.
Vic Jannels (pictured), CEO of the BDLA, said: “TAB is an exciting and forward-thinking addition to the BDLA’s membership and reflects the diversity and evolution we’re seeing across the bridging and development finance market.
“As the sector continues to grow and diversify – with new entrants, new structures, and increasingly bespoke funding solutions – the BDLA’s role as a representative voice for lenders of all sizes and specialisms has never been more important. With well over 90 lender and associate members, our influence continues to build, and it’s members like TAB that help ensure our association remains dynamic, future-focused, and representative of the innovation that defines this industry.”
Jason Shead, CRO at TAB, commented: “Being part of the BDLA reflects our dedication at TAB to professional standards, responsible lending and collaboration. We believe the bridging market has huge potential, and through the BDLA we look forward to contributing to industry discussions and activity that drive our sector forward and help us to support a growing number of borrowers to achieve their objectives.”
