Staff at Market Financial Solutions (MFS) were due to be paid on Friday 27 February 2026 but did not receive their salaries following the lender’s move into administration.

The non-payment has left a number of employees facing immediate financial uncertainty, with concerns over meeting rent, mortgage and household bills.

The situation has arisen in the wake of the company’s collapse, through no fault of staff.

In response, a member of the mortgage industry has set up a GoFundMe page aimed at providing short-term financial support to affected employees and their families.

The fundraiser is intended to help those in acute difficulty as a result of the administration.

The individual behind the initiative – known to Mortgage Soup – said the goal is to offer practical assistance to former MFS staff who now find themselves without income at short notice.

MFS was placed into administration this week by order of the court, with joint administrators appointed to oversee the business and protect assets for creditors.

The collapse has sent shockwaves through parts of the bridging sector, with trade bodies seeking to reassure brokers and borrowers that the situation does not reflect wider systemic weakness.

HUMAN IMPACT

While administrators assess the firm’s position, attention has turned to the human impact of the failure.

Industry colleagues have taken to social media to express support for former MFS employees, many of whom had longstanding careers in specialist lending.

The GoFundMe page states that the money raised will be distributed to MFS staff facing financial hardship as a direct result of the company’s administration.

You can donate to the page HERE.

Any staff impacted are encouraged to reach out via message on the GoFundMe page and any remaining funds will be donated to Acorns Children’s Hospice.