Are bridging loans regulated?

Mortgages, secured loans and bridging loans in the UK are classified by the Financial Conduct Authority (FCA) as either regulated or non-regulated.

A bridging loan will be regulated if the loan is secured against a property which the borrower (or their immediate family) currently occupies or intends to occupy.

Regulated bridging loans are overseen by the Financial Conduct Authority (FCA) and fall within the same regulations as a residential mortgage. This provides consumers with protection from mis-selling.

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