Industry response

Peer-to-peer and crowdfunding platforms

Our response to FCA consultation paper, CP 18/20

We welcome the FCA paper and agree with the spirit of the consultation which addresses a potential gap in protection for consumers choosing to apply for home finance via a Peer to Peer (P2P) platform.  We welcome new entrants as competition and innovation are the sign of a healthy market place. However, it is key that any new entrants are held to the same high regulatory standards as the incumbents to maintain a level playing field, and importantly, ensure that all consumers no matter the origination of their home finance have the same protections.   

To read the full response, please click here.



Harinder Chohan

Policy Manager

Tel: 02075205922

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