The Bridging & Development Lenders Association (BDLA) has welcomed Knowledge Bank as an associate member.
The addition of Knowledge Bank marks BDLA’s 100th member.
Knowledge Bank is a mortgage criteria search platform designed to help intermediaries place cases more easily and efficiently.
The system enables users to search across multiple criteria categories and compare lender requirements.
BDLA chief executive Adam Tyler says: “We are delighted to welcome Knowledge Bank as the hundredth member the BDLA. Reaching 100 members across lenders and associates is a big achievement and an important milestone.”
“When I first collected data for the bridging industry in 2005, we measured the market at around £300m. The latest data from the BDLA members is closer to £14bn, which is a real credit to everyone who has been involved over that period and, as we all know, it is still growing.”
Knowledge Bank sales director Shane Chawatama adds: “We’re really pleased to join the BDLA as an Associate Member and delighted to become the hundredth member of this growing trade association.”
“The BDLA provides a strong platform for collaboration and for sharing insight that supports the industry’s continued growth and evolution. With our imminent move to add Development Finance as the eight lending type available to brokers, the timing couldn’t be better.”