Nick joined Century Capital in 2015 with the intention of rebranding the company and acquiring new funding lines to push the business forward.

He had previously worked with the bridging lender’s owner Paul Munford on an earlier project, and when he was approached by Paul to join Century Capital, Nick described it as “an opportunity not to be missed".

“My role is extremely diverse.

“From sourcing new funding lines, oversight on all the bridging underwriting to managing the day-to-day business.

“We have two very exciting funding lines that we are hoping to be fully committed within the next few months.”

Nick stated that the lender was always on the look-out for new partners to diversify its product range.

“We have also invested in resource over the past few months, seeing our team grow significantly.

“This is just the first step in what we see as a long-term plan."

With regards to the impact of the recent political uncertainty on the bridging market, Nick stated that it has seen a “rather static few months”.

“Certainly in terms of sourcing new bridging enquiries.

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“We have, however, in the last few weeks noticed that it seems to be business as usual again. 

“Having paid close attention to recent auction results, there has clearly been investor reservation over the past two to three months."

When asked what was the biggest challenge facing the bridging market this year, Nick replied: “A saturated lending market that has driven interest rates down.

“Century will remain a traditional short-term lender that aims to complete on deals with the least fuss, in a minimal time period and with as much efficiency as possible.

“Where interest rates remain very low, lenders are competing with very similar products.

“I believe many lenders are not evaluating the risk/reward ethos that bridging lending has always been built on."

In terms of possible changes to be made to the industry, Nick added: “I don’t think I would change anything in particular, although my view on bridging will always be one of a ‘premium’ service and not so much a high street product."

Century Capital’s July highlights included the announcement of a £2.2m loan that it provided for a Chelsea footballer.