As one of the UK’s prominent independent bridging finance providers, Market Financial Solutions (MFS) provides a range of fast and flexible bridging loans and buy-to-let mortgages to intermediaries.
MFS BTL Product Overview:
- Max loan on single asset £3m
- Max loan on portfolio lend £10m
- No stress-test background portfolios
- ICR 120% on payrate with deferred interest of up to 2%, rolled interest of up to 9 months and top slicing available to help reach the needed coverage
- Pay rate will be based on the lower rate if deferring interest
- 0.15% product fee discount for existing Bridge or BTL clients
- Combine multiple complex customer situations, corporate structures, and locations with a wide variety of strong yielding property types (large HMOs, MUFBs, and even holiday lets)
- Properties adjacent to commercial (potentially at reduced LTV)
- Foreign Nationals & Expats (no credit footprint needed)
- NO reduction in the max 75% LTV when lending at our maximum £3m
MFS Bridging Product Overview:
- Will lend to any foreign national if they do not reside in a sanctioned country (no UK bank account or credit footprint needed)
- Will lend up to 75% on commercial and mixed-use security (warehouses, industrial and shopping centres considered)
- LTV’s up to 75% on a 1st charge
- Large loans of £50m+ (including high value single assets)
- Terms up to 24 months
- Large development exit funding line – loans of £30m+ and we will lend up to 75% LTV - negotiable PG’s and percentage profit share on unit sales considered on a case-by-case basis (so the developer can retain funds from sales to reinvest)
- Re-bridging allowed
- Unregulated only with main residentials owned in company names allowed, as long as all occupants are shareholders
- Will lend to applicants with unlimited adverse credit/negative media articles (any CCJ’s etc need to be repaid with the advance)
To discuss Market Financial Solutions (MFS) call our sales team on 01403 272625 or email sales.team@impactsf.co.uk
