DPT Consultants has joined the Bridging & Development Lenders Association (BDLA) as an associate member.
Trading as DPT Monitoring Surveyors, DPT Consultants provides project monitoring services for UK property lenders, supporting funders with due diligence, monitoring and reporting across development, refurbishment and commercial projects.
The business operates across England, Wales and Scotland and works with lenders to help ensure funds are deployed correctly, projects are progressing as planned and financial interests are protected. DPT says it has managed more than £75m of funds across more than 180 projects, working with more than 20 lending partners.
The BDLA is the UK's only trade association dedicated to representing the interests of bridging and development lenders and their customers. It now has over 100 lender and associate members, with a collective loan book of over £11.5 billion.
"DPT Consultants is a welcome addition to the BDLA's associate membership," said Adam Tyler, chief executive of the BDLA (pictured).
"Development finance relies on confidence at every stage of a project, and the role of monitoring surveyors is central to giving lenders clear, independent information as schemes progress.
"The Association's strength comes not only from its lender members, but from the professional firms that support the market's infrastructure. DPT brings direct experience of working with property lenders, and its perspective will be valuable as we continue to promote a well-informed, professional and responsible specialist finance sector."
"BDLA membership gives us the opportunity to engage more closely with the lenders and professional firms shaping the future of specialist property finance," said Tim Coulston, managing director at DPT Consultants.
"At DPT Consultants, our role is to provide lenders with practical, objective and timely project monitoring support, helping them maintain visibility throughout the development journey. We are looking forward to contributing to the Association and being part of conversations that support better standards, stronger communication and greater confidence across the market."
