Kuflink Bridging, the specialist short term lender, has announced it has received notification from the FCA that it has become a fully authorised firm. In addition to its current regulated and unregulated bridging activities, the new permission enables Kuflink Bridging to offer consumer BTL products.
The Kuflink Group PLC which has launched a peer-to-peer platform to support its lending, is in a major growth phase backed by strong business growth in 2016 and is currently building its sales team and head office underwriting capability to continue offering the levels of service that its introducers have come to expect.
According to Sales Director, Narinder Khattoare, full authorisation approval demonstrates the strength in depth of the business and its commitment to customers and their advisers.
He 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.”