The Financial Conduct Authority has imposed restrictions on Kingscrown Finance Limited, a Stockport based lender to property developers.
Kingscrown has stopped onboarding new customers or undertaking new business with existing customers – including extending existing credit.
Kingscrown, which was incorporated in 2014, provides lending for business and investment purposes, including property investment, buy-to-let and houses in multiple occupation (HMO) finance.
It is part of the wider Kingscrown Group, which develops reside… You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below…