The news follows on from Andrew Bloom buying back Masthaven and merging it with Spring Finance.
The BDLA currently has 48 lender members with a collective loan book exceeding £10.3bn, alongside 44 associate members.
Vic Jannels, CEO at the BDLA (pictured above), commented: “I’m delighted to welcome Masthaven as the latest lender member of the BDLA. Our association is fast approaching 50 lender members, a testament to the growing recognition of our role in advocating for the bridging and development finance sector.
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“As we continue to expand, so does our influence in shaping the industry’s future, promoting best practices, and ensuring that the needs of lenders and borrowers are met.
“Masthaven’s expertise and commitment to high standards make them a valuable addition to our growing membership.”
Claire Newman, director of bridging and development finance at Masthaven, said: “We are thrilled to join the BDLA and be part of an association that is committed to driving progress and innovation in the bridging sector.
“Becoming a member of the BDLA aligns with our mission to contribute positively to the industry, collaborate with like-minded professionals, and help shape the future of specialist lending.”
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