Editor's note: This brief was summarised by The Property AI Newsroom from a report by Mortgage Strategy. Read the original article for full details.
REIM Capital Joins BDLA as Lender Member
REIM Capital has joined the Bridging & Development Lenders Association (BDLA) as a lender member. REIM Capital is a specialist bridging finance lender serving property investors across England and Wales.
The BDLA now has more than 100 member organisations. According to the association, its lender members collectively hold loan books totalling £11.5 billion.
Adam Tyler, chief executive of the BDLA, welcomed REIM Capital as the latest lender member. Oliver Foskett, chief operating officer of REIM Capital, commented on the company's commitment to the specialist property finance market and its intention to contribute to the BDLA's work.
For UK letting agents and inventory clerks, the addition of REIM Capital to the BDLA highlights ongoing activity and collaboration within the bridging finance sector, which may impact property investment and development opportunities across England and Wales.
Source: Mortgage Strategy