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by Digital Media Manager Digital Media Manager No Comments

Building a bridging market fit for the future

At this time of year, it is traditional to look forward to the coming 12 months and set out some ideas and expectations for the market during that time. Having taken on my new role at the ASTL on 1 January 2020, I’m going to go a little further, and talk about my thoughts for the future of this great association.

Firstly though, it is important for me to highlight and recognise the fantastic legacy which my predecessor, Benson Hersch, has left following his years in the hot seat at ASTL. When he first took the role in 2012, annual bridging completions were at £885m, and today they total more than £4bn. What’s more, the latest sentiment survey from members of the ASTL shows that nearly three-quarters (72%) of bridging lenders expect their business to grow in the coming months and more than half of lenders expect the market to grow.
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by Digital Media Manager Digital Media Manager No Comments

Bridging watch: A code to inspire growth

One of the benefits of taking up a new role is that you can arrive at an organisation with a fresh pair of eyes and have the opportunity ask obvious questions, which is much harder when you have been in situ for a period of time. 

This is an approach that I have taken during the first few weeks of my role at the ASTL and one of the questions I have been asking of members, associate members and other interested parties in the short term lending industry is, what are our strengths as an association? 

A common response is the rigorous process we go through before accepting members. Our Code of Conduct means that membership of our association is very much a kitemark of quality. 

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