The Intermediary – December 2025 - Flipbook - Page 43
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SPECIALIST FINANCE
Opinion
Other regulatory developments
continue to merit close aention. The
Court of Appeal ruling on commission
disclosure in the motor finance space,
for instance, was not based on FCA
rules but on legal principles – meaning
its implications could extend to nonregulated bridging transactions too.
These are the kinds of cross-sector
risks that we must be alert to. As
a trade body, we are monitoring
this closely and will continue to
provide clarity to our members as the
situation develops.
Then, of course, came the Autumn
Budget. For landlords and property
professionals, the fear was that it
could have been far worse.
A 2% increase on rental income
and the proposal of a ‘Mansion Tax’
– a Council Tax surcharge for homes
worth over £2m – may not have been
universally welcomed, but at least
they came without the sweeping
reforms some had predicted.
With implementation of the
Mansion Tax delayed until 2028, and
suggestions that payment deferrals
will be possible, it feels more like the
start of a long policy journey than an
immediate threat.
More positively, the Budget
confirmed the Government’s ongoing
commitment to housing delivery and
planning reform – issues that directly
impact many of our members and
borrowers.
As I prepare to step aside, I do so
with complete confidence in the
BDLA’s future. Adam Tyler, who
will succeed me as CEO in early
2026, brings an impressive depth
of knowledge and experience. He
is a trusted friend and leader with
a clear understanding of both the
opportunities and responsibilities
facing our sector, and I know that the
association will continue to thrive
under his stewardship.
It has been truly a great honour
to lead the BDLA during this pivotal
period in its evolution. I would like
to thank our members, industry
partners, and peers for their
willingness to trust me and provide
their unwavering support.
The bridging and development
finance industry has never been
stronger – and with continued
collaboration, integrity and vision, I
truly believe its best days lie ahead.
Thank you all for granting me
the privilege. ●
