The short-term lender will now be offering consumer buy-to-let products alongside its current regulated and unregulated bridging activities.
Earlier this year Kuflink launched a peer-to-peer platform to support its lending, while also changing its name from Alpha Bridging.
The lender is currently seeing strong business growth this year and as a result is building its sales team and head office underwriting capabilities as it looks to continue to offer high levels of service.
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Narinder Khattoare, sales director at Kuflink, said the full authorisation approval showed the strength in depth of the business and its commitment to customers and advisers.
“The new permissions now allow us to develop products for the consumer buy to let market.
“Something which our introducers have been keen for us to offer.”
Narinder said he was looking forward to 2017 with great confidence and described it as an exciting time for the lender.
“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.”
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