Mayfair Bridging applies to the FSA for regulation

Mayfair Bridging has applied to the FSA to become regulated which would enable the lender to give loans to owner occupied property. Shoaib Bux said,”Our recent months we have seen a large shift towards clients wanting bridging loans on owner-occupied property. These deals usually have a low ltv and we aim to capture this part of the market. FSA regulation also enables us to continue trading should buy-to-let lending becomes a regulated activity.”

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