View more on these topics

ASTL appoints new executive committee


The Association of Short Term Lenders has appointed its new executive committee for the upcoming year.

Chief executive Benson Hersch will be joined by Adrian Bloomfield (Barton Bridging Capital), Brian West (Central Bridging), Emma Ryan (Amicus Finance), Gavin Diamond (UTB), James Bloom (Masthaven Bank) and Scott Marshall (Roma Finance).

The new board will take effect from 1 September 2017.

All committee members bar the chief executive have to retire after serving two years at most.

Marshall has already served two years but will remain for one extra year as there was a shortage of applicants.

Hersch says: “I am confident that the new executive committee will continue to work to raise standards within the ASTL and its wider membership, while also increasing awareness of the value of bridging while and the short term secured lending market.”

Hope Capital chief executive Jonathan Sealey and Masthaven managing director Jon Hall have stepped down from the board.

Hersch adds: “Their continued commitment and support has helped the association to grow to record membership levels.”

ASTL membership currently stands at 37 members and 30 associate members.



Bridging lending hit £875m in Q1, says ASTL

Bridging lending hit £875m in Q2, up 12.1 per cent from Q1, according to the Association of Short-Term Lenders. Applications received were £4.9bn in the period. The year to 31 June 2017 saw more than £3bn of bridging loans extended, up from £2.8bn for the year before. ASTL chief executive Benson Hersch says: “The increase […]


Castle Trust announces portfolio landlord lending approach

  Castle Trust has announced how it will approach underwriting portfolio landlords when new PRA rules come in from 30 September.  Brokers will have to fill in a portfolio landlord statement for clients with four or more mortgaged properties.   This will include an asset and liability statement, property schedule and business plan.  The lender […]


Affirmative re-joins ASTL after five-year hiatus

Affirmative Group has re-joined the Association of Short Term Lenders after leaving the trade body five years ago. Affirmative was a founder member of the ASTL, alongside 18 other firms. ASTL chief executive Benson Hersch says: “We continue to welcome lenders that are open to helping to progress and promote the positive reputation of bridging […]

Sub-Saharan Africa Near-Term Outlook

By Paul Caruana-Galizia, Neptune Economist

Sub-Saharan Africa’s economic renaissance continues. After growing at an average rate of five per cent over the past decade, the IMF projects an acceleration to 5.5 per cent growth among Sub-Saharan economies in the next two years, as developed economies emerge from the crisis. We expect this growth to be sustainable for three broad reasons.

Auto enrolment – so far so good?

Jamie Clark – Business Development Manager The recent report from the Pensions Policy Institute demonstrates the sheer scale of auto-enrolment so far and what we can expect in the future. We’ve pulled out the key information to save you reading the full report. Auto enrolment in numbers Sources: Pensions Policy Institute, The Future Book: Unravelling […]


News and expert analysis straight to your inbox

Sign up

Why register with Mortgage Strategy?

Mortgage Strategy continues to be the market-leading B2B mortgage publication in the UK, and provides trusted, independent insight with the aim of helping, promoting and analysing the latest developments for mortgage professionals.

News & analysis delivered directly to your inbox
Register today to receive our range of news alerts including daily and weekly briefings

Mortgage Strategy Events
Be the first to hear about our industry leading conferences, awards, webinars and more.

Research and insight
Take part in and see the results of Mortgage Strategy's flagship investigations into industry trends.

Have your say
Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

Register now