Bridging lender loan books increased for a third consecutive quarter, reaching a record £13.7bn, the latest figures from the Bridging & Development Lenders Association (BDLA) reveals.
The BDLA data shows that the increase represented a 4.3% rise from June and 51.6% higher than September 2024.
Meanwhile, completions totalled £2.5bn in the three months to the end of September, representing a 9.6% increase on Q2 2025 and 42% higher than the same period last year.
Applications also grew to £11.4bn, marking an 11.8% quarterly rise and continuing the year-on-year upward trend.
Total development loans written were £376.8m, compared to £416.7m during Q2 2025, while the value of second charge loans completed was £155.2m which is an increase from £135.4m the previous quarter.
BDLA chief executive Vic Jannels says: “This quarter’s figures underline the continued strength of the bridging sector. With completions climbing to £2.5bn and loan books hitting another record high, it’s clear that demand for short-term finance remains strong and consistent.”
“The macro-economic outlook may be uncertain, but there is plenty of reason to look forward with optimism at the BDLA.”
“We’ll soon tip over more than 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 a growing membership, a louder voice, and a clear focus on standards, education and engagement, we’re building strong foundations for the future.”
