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March 15 (Reuters) - British competition regulator said on Friday it is looking into homebuilder Barratt's BDEV.L 2.52-billion-pound ($3.21 billion) all-stock deal to buy smaller rival Redrow RDW.L.

The Competition and Markets Authority (CMA), which has not yet launched a formal investigation, is seeking initial views on the impact that the deal could have on competition in the UK.

Barratt agreed to buy Redrow in early February to capitalise on a fledgling recovery in the housing market and cement its position as one of the largest homebuilders in Britain.

($1 = 0.7852 pounds)

(Reporting by Yadarisa Shabong in Bengaluru; Editing by Savio D'Souza and Sherry Jacob-Phillips)

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