1
                                                                    Exhibit 23.1


                         CONSENT OF INDEPENDENT AUDITORS

The Board of Directors
Cityscape Financial Corp.:

We consent to the incorporation by reference in the registration statement on
Form S-8 of Cityscape Financial Corp. of our report dated February 28, 1997,
which report makes reference to the report of other auditors, relating to the
consolidated statements of financial condition of Cityscape Financial Corp. and
Subsidiary as of December 31, 1996 and 1995, and the related consolidated
statements of operations, stockholders' equity, and cash flows for each of the
years in the three-year period then ended, which report appears in the December
31, 1996 annual report on Form 10-K of Cityscape Financial Corp.



                              KPMG Peat Marwick LLP

New York, New York
March 28, 1997