Kuflink receives full FCA authorisation
Kuflink Bridging has gained full authorisation from the Financial Conduct Authority (FCA).
In addition to its current regulated and unregulated bridging activities, the new permission enables Kuflink Bridging to offer consumer buy-to-let products.
The Kuflink Group PLC is in a major growth phase, following the launch of a peer-to-peer platform to support its lending.
Narinder Khattoare, sales director at Kuflink, said: “This is an exciting time for Kuflink Bridging. We have worked extremely hard to reach this point in our development. The confirmation of full authorisation can only improve our presence and viability in the market as we move from being a fringe operator in the short term market to taking our place as a major player in this most important of sectors.
“The new permissions now allow us to develop products for the consumer buy to let market. Something which are introducers have been keen for us to offer. We are looking forward to 2017 with great confidence.”