FCA imposes voluntary restrictions on Kingscrown Finance
Kingscrown Finance Limited has voluntarily ceased onboarding new customers and new business, including credit extensions, effective 21 April 2026.
Kingscrown, an unauthorised provider of BTL, HMO and business investment lending, has agreed restrictions with the FCA. The action highlights regulator focus on unauthorised lenders in property finance segments.
Indicates FCA scrutiny of unauthorised lending activity in property finance and potential counterparty risk for partner firms.
Action Required
Review counterparty and intermediary exposures to Kingscrown; assess implications for BTL and HMO lending portfolios.
Targeted firm-level action with sector signalling on unauthorised property lending.
Map exposures and referrals to Kingscrown. Reassess due diligence on unauthorised property lenders and partner firms to mitigate counterparty and conduct contagion risk.
“Kingscrown Finance Limited has stopped onboarding new customers or undertaking new business. The voluntary restrictions came into effect on 21 April 2026. Kingscrown has never been authorised by the FCA.”