Mayfair Bridging extend Peer to Peer lending scheme



mayfair bridging logo-newMayfair Bridging, the award winning peer to peer bridging lender has recently extended their FCA permissions for their peer to peer UCIS scheme to include FCA regulated bridging loans.

Director Shoaib Bux said:

”This means that investors in our hugely successful peer to peer scheme can now also invest in owner occupied bridging loans. These are FCA regulated loans that only FCA regulated lenders can undertake. I don’t think there are many firms out there that
offer this sort of investment opportunity.”

”The quality of business on FCA regulated bridging loans tends to be better which ultimately serves as a better offering to investors compared to other p2p schemes out there. This addition complements our existing portfolio of non-regulated bridging loans.”

”Introducers should only be using FCA regulated bridging lenders. This gives the borrower maximum protection and means introducers are dealing with a professional firm where there is an opportunity of borrower redress with the regulator.”

”Compared to other p2p platforms out there, investors should only be dealing with FCA authorised schemes. There has recently been an explosion in peer to peer platforms and with the FCA regulating the entire sector soon, we are glad to be in an already authorised position.”

Head of funds distribution, Jamie Bleakley said:

”At the beginning of the year investors were asking about investing into regulated deals. We discussed this and acted upon the request of our investors. I think this shows how versatile we are at Mayfair and how we take on board the needs of our investors.”

Mayfair Bridging Limited is authorised and regulated by the Financial Conduct Authority (FCA). They operate bridging loan syndication schemes which are unregulated collective investment schemes (UCIS) for the purposes of the Financial Services and Markets Act 2000 (FSMA). These schemes are peer-to-peer investments that enable investors to directly invest into bridging loans. This peer to peer scheme is only available to certified sophisticated and professional investors only.