When you need a bridging loan to help fund the purchase of a new piece of property or home, then it is important that you work with us, as we offer regulated bridging loans to our customers. It is very difficult and rare to obtain an unregulated bridging loan, and, since we are an FCA regulated broker, you can be certain that you are getting the best possible loan product for your needs. Our FCA regulated bridging loans are sure to meet your needs and help you buy the property that you want.
The FCA Offers Protection
In 2014 the FCA (Financial Conduct Authority) began taking control over consumer credit regulation to ensure that borrowers are not placed in a position to take loans that they will be unable to repay. This means that we work carefully to offer FCA regulated bridge loans to our customers that fall under the parameters and conditions set by the FCA.
What This Means for You
Bridging loans are regulated, which means that the property used to obtain the loan has to meet certain criteria. Our regulated bridging finance meets all of the criteria set by the FCA, including that the loan will be secured by a first charge on the property, and that the property is or will be occupied by the borrower. Some loans against investment property will not be regulated by the FCA, so they are not FCA regulated bridging finance.
To make sure that you have the right bridging loan for your needs, or just to learn more about regulated bridging finance, it’s time to give us a call. Our experts can talk to you about your needs and make sure that you get the financing necessary with as little hassle as possible. We take bridging loans seriously and are available to help you get the money you need.