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First 4 Bridging now fully regulated

First 4 Bridging has gained fully regulated status with the FCA.

As a result of this, the lender will now be able to offer secured loans, residential mortgages, buy-to-let, and fund raising for debt consolidation.

Previously, it was limited to providing bridging loans, development loans and commercial term mortgages.

The firm’s head of sales Steve Swyny says: “Our core business will continue to revolve around bridging and development finance but, with more borrowers looking for alternative ways to raise funds for their property-related transactions, we are now in a position to provide a wider range of options for our introducers to help them grow their business and bolster retention levels.”

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