View more on these topics

Connaught joins the ASTL

Connaught Asset Management has joined the Association of Short Term lenders as an associate member.

Connaught currently funds a number of short term lenders including Tiuta and Mayfair Bridging.

Adrian Bloomfield, chief executive of the ASTL, says the trade body welcomes Connaught and looks forward to receiving the firm’s input and ideas.

He adds: “This move adds to the diversity of our associate membership, which represents a cross-section of providers to the short term lending industry.”

Mike Davies, chairman of Connaught, says: “As a business that is a strong stakeholder within the short-term market we believe it is important to be a member of the ASTL and support its work.”

He adds: “We look forward to being a strong voice within the ASTL and, while there is much work to do, believe it is an organisation which should be leading the debate and strongly representing the views and needs of all its membership.”

Recommended

MS Leader: Supply an affordable answer

This Wednesday is chancellor George Osborne’s third Budget and the key question for the mortgage industry will be whether we see a last-minute reprieve for the Stamp Duty holiday.

Caption Competition

If I Were You’s Rob Clifford (centre) and friends say cheers at the recent Mortgage Strategy Awards

Bridging expansion may cause confusion

An increasing number of bridging finance providers have entered the market recently, showing demand for short-term lending remains strong.

Newsletter

News and expert analysis straight to your inbox

Sign up