Bridging lender Dragonfly Property Finance lent £1.5bn in gross advances in the first half of this year, its biggest ever H1 since launch in 2009.

During the first six months of the year, the value of the loans completed by the specialist lender was 17% higher than the same period in 2014, and 79% higher than H1 2013.

Dragonfly also saw a 10.5% uplift in the volume of loans in the first half of 2014 and 78% on H1 2013.

Numbers increased across both its residential and commercial divisions.

Mark Posniak, head of sales and marketing at Dragonfly Property Finance, said: “Last year we said that we were targeting £2bn of completions by the end of 2015, and having just delivered our strongest first half yet, we have a good chance of getting there.

“The impact of our commercial division is becoming stronger by the day and this is providing added momentum.”