See the latest announcement from MFS below. Note that you can access MFS via the Brilliant Solutions mortgage club. Visit their website here.
As you know, we’ve already launched our new Core BTL range last week, a new streamlined and price sensitive Bridging range earlier in this week… AND NOW…….
Our NEW and ENHANCED Fusion range with rates from 4.79% (+BBR), all of which benefit from our ‘Refund of Valuation’ that is available on fees paid cases until 31st October (T&Cs apply) – GIF for your website attached!
Highlights of the new Fusion range include:
- No maximum Loan size!
- 2-year Term (ability to extend for additional 12 months)
- Maximum 75% LTV (70% Commercial)
- 25% ERC fee after 6 months per annum
- No ERCs after month 21
- Reduced ERCs – 3% year 1, 1.5% year 2
And remember this is all supported by our flexible underwriting and criteria including:
- Fledgling/re-building businesses with less than 3 years figures considered
- Adverse credit considered
- Can consider Market Value
- Owner-occupiers allowed
As always, we would really appreciate your support in promoting this new range to your databases and if there is anything at all you need from a marketing perspective, please let me know.
Link to guide (based on asset type): Residential & Commercial Product Guides