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 done some big upgrades to its popular Bridge Fusion product for residential and commercial properties incl. large residential portfolios.
Bridge Fusion Highlights:
- 2-year tracker bridge loan ( possible extension)
- Any large loan amount considered (£10m )
- Lower rates on larger loan amounts
- Attractive rates for large residential portfolios up to £65m
- Lower rates on commercial loans
- ERCs halved: from 6% to 3% in year 1, from 3% to 1.5% in year 2
- Limited offer: valuation fee refund (T&Cs apply)
Advantages to You and Your Client:
- All applications considered case-by-case
- Competitive pricing to lower borrowing costs
- Consolidating multiple residential assets on one facility for speed and easier admin
- Reduced upfront costs for better cashflow
- Greater flexibility for easier access to products
- Cost-efficient exit if leaving early