Is their a need to regulate montello private finance with the fsa?

Is their a need to regulate montello private finance with the fsa?
From looking at their website (which can be found in the related link section below), Montello Private Finance is a specialist real estate bridging financier based in London. They are not required to be authorised with the FSA because they are only involved with loans that are either second charge, or first charge over investment residential or commercial property (ie they are not involved in the 'home loan' market).