Market Financial Solutions (MFS) has joined Mortgage Advice Bureau’s (MAB) panel of lenders, with a focus on complex buy-to-let (BTL) cases.
London-based lender MFS specialises in handling large and complex loans at pace, offering bridging loans up to £50 million with terms between three and 24 months, and BTL mortgages up to £10 million for a term of five years, with no ERCs after year two. Initially it is only its BTL mortgage range that will be available through MAB.
In October, MFS reduced its BTL mortgage rates and added a new range of products that allows borrowers to choose their product fee depending on individual requirements, with flexibility to pick between a 2%, 4% or 6% fee across all four tiers of loans. Borrowers can also increase their loan size by using deferred interest, rolled-up interest and top-slicing.
MAB has more than 2,000 advisers across the UK, offering mortgage advice on a local, regional and national level to UK consumers and BTL landlords.
Karen Rodrigues (pictured), head of national accounts at MFS, said: “Being able to handle complicated loans has set MFS apart from other BTL lenders. We pride ourselves on being flexible and innovative – from top-slicing and deferred interest through to rolled-up interest and a choice of product fees, our range of BTL mortgages is designed to give borrowers optionality and secure the size of loan they need.
“We are delighted to be working with MAB. They have a great reputation and nationwide reach, and we’re confident that we’ll provide great value to those who reach out to MAB looking for a BTL loan, no matter how unique or complex their situation will be. We’re excited to see the MFS and MAB collaboration grow over the coming months.”
Danny Belton, head of lending at MAB, added: “It’s great to welcome MFS to our lending panel. They combine immense experience with a fast and flexible product range, which will allow them to serve our BTL customers, particularly those whose needs are not met by high-street lenders.
“Ultimately, at MAB we strive to find the very best mortgage deal for each customer. MFS share our commitment to delivering tailored products and an exceptional service, so we are sure this partnership will be a resounding success.”
