Ward Hadaway has become an associate member of the Bridging & Development Lenders Association (BDLA).
Ward Hadaway is a law firm with an established real estate and property finance practice.
It has offices in Leeds, Manchester and Newcastle and can offer legal services to bridging and development lenders, such as support on acquisition funding, development finance, loan management, exit planning, recovery and enforcement.
The BDLA represents the bridging and development lending community, with nearly 100 lender and associate members, with the total lender member loan exceeding £10.3bn.
Vic Jannels, CEO of the BDLA, said: “It’s a pleasure to welcome Ward Hadaway as the latest associate member of the BDLA. It’s a well-established firm in property finance, with an understanding of the bridging sector’s unique requirements, and will be a strong addition to our growing network of professional partners.
“The BDLA continues to go from strength to strength; we are approaching almost 100 lender and associate members now part of our community and this momentum is a testament to the value that members see in working collaboratively to raise standards, shape regulation, and drive innovation across the sector. As our membership grows, so too does our influence in championing the interests of short-term property lenders and the professionals who support them.”
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Owen Ormond, partner at Ward Hadaway, said: “We are delighted to be joining the BDLA at a time of great momentum in this specialist corner of the market. The BDLA plays a vital role in shaping the future of short-term property finance, and we look forward to contributing to the association’s goals of raising standards, supporting its member lenders, and encouraging sustainable growth in the market.”
The BDLA has recently welcomed Tab, Together and Masthaven as members.