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BBCode link not recognised in text element


I am creating a dynamic form builder in which the user can create questions etc… I am also making the ability for a user to enter a paragraph element where they can enter some basic text about the form.

I am allowing the creator to use BBCode to format their text nicely which is working as I would like, but I am having issues when integrating a link into text. Where I would expect the link to be recognised and turn blue it does not.

This said, when the text is hovered (where the link would be) the text does have an underline.

I have enabled link and e-mail recognition. Will I need to manually make the text blue?