See the latest announcement from MFS below. Note that you can access MFS via the Brilliant Solutions mortgage club. Visit their website here.
Market Financial Solutions has sharpened its commercial offering: a new Semi-Commercial BTL product and reduced Commercial BTL rates. More flexible terms for a broader borrower profile, and affordability tools that increase affordability options for clients.
New Semi-Commercial BTL Product
- Properties with less than 50% commercial floor area
- 2-tier product range
- 2-year or 3-year fixed or 2-year tracker rates from 6.19%
- Max. term length: 10 years
- First-time commercial landlords, owner-occupiers, foreign nationals, offshore companies, etc. considered
Commercial BTL Rates Reducation
- Rates from 6.29% (fixed) & 3.04% + BBR (tracker)
- Borrow up to £2m per property, £10m for portfolios
- Properties with more than 50% commercial floor area
- Most types of commercial and mixed-use considered on merit
- Deferred and rolled interest options to boost affordability