Market Financial Solutions (MFS) has cut rates across its residential bridging and buy-to-let mortgage product ranges.

The specialist lender’s variable bridging rates have been cut across both its fixed and variable products, impacting both residential and commercial property types. MFS’s residential buy-to-let rates have also been reduced across the range.

Paresh Raja (pictured), CEO of MFS, said: “We are kickstarting 2024 with new and improved rates, supporting brokers and their clients as they embark on their property investment plans for the year ahead.

“Reducing rates is just part of the picture, however. Flexibility remains equally important – we will continue to deploy various methods to enable borrowers to get their optimum loan sizes and repayment structures.

“At MFS, we’re confident that the property market will continue to demonstrate great resilience and experience significant demand in 2024, and we’ll continue to strive to deliver the very best products and service to brokers seeking out bridging loans and buy-to-let mortgages.”