The bridging loan portfolio rose for the third consecutive quarter to reach a record £13.7 billion, according to the latest figures from the Bridging & Development Lenders Association (BDLA).
ASTL CEO Vic Jannels.
The BDLA data shows that the increase represented a 4.3% increase from June and 51.6% higher than September 2024.
Meanwhile, completions in the three months to the end of September totaled £2.5 billion, up 9.6% on the second quarter of 2025 and 42% higher than the same period last year.
Applications also grew to £11.4 billion, marking a quarterly increase of 11.8% and continuing the upward trend year on year.
Total development loans written were £376.8 million, up from £416.7 million in the second quarter of 2025, while the value of second repayment loans was £155.2 million, up from £135.4 million in the previous quarter.
BDLA chief executive Vic Jannels said: “This quarter’s figures underline the continued strength of the bridging sector. With completions up to £2.5 billion and the loan book reaching another record high, it is clear that demand for short-term financing remains strong and consistent.”
“The macroeconomic outlook may be uncertain, but there is ample reason to view the BDLA with optimism.”
“We will soon be passing over 100 members and we have just announced the appointment of Adam Tyler as our next CEO – a move that signals continued momentum and ambition for the association and for the sector we represent.”
“With growing membership, a louder voice and a clear focus on standards, education and engagement, we are building a strong foundation for the future.”