SimplyBiz Mortgages adds MFS to lender panel

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SimplyBiz Mortgages has added Market Financial Solutions (MFS) to its lender panel.

MFS is a bridging and buy-to-let lender which offers special edition products that allow the flexibility to choose product fees depending on the borrower’s requirements, with the ability to choose between a 2%, 4%, or 6% fee, across all four tiers, and a higher product fee which means borrowers can benefit from lower interest rates.

Martin Reynolds (pictured), CEO of SimplyBiz Mortgages, said: “The addition of MFS to our buy-to-let panel is perfectly timed, as we’re seeing more of our members looking to support clients with complex specialist requirements. MFS offers vital support for advisers venturing into specialist lending in order to extend their services to meet growing client needs. We have been particularly impressed with MFS’s flexibility, which will help with many of the cases our members might currently be finding challenging.

“MFS is a founding member of our Specialist Property Finance Club, and has worked with our sister company, FIBA, for a number of years. This new development in our relationship is built on strong foundations, positioning us well for a successful future, delivering the best possible outcomes to our members and their clients.”

Karen Rodrigues, head of national accounts at MFS, added: “I am delighted that MFS are able to work with SimplyBiz Mortgages’ members. Having worked with Martin and the team over several years, it is a pleasure to now bring the MFS proposition to the – and it comes at an exciting time, as we expand our product range to ensure greater choice and flexibility for brokers and borrowers alike.

“At MFS, we pride ourselves on having a comprehensive and constantly-evolving suite of products, complemented by exceptional customer support. This ensures we are able to adapt to changes in the market, and I am delighted that our award-winning team will be able to work with and support SimplyBiz Mortgages members going forward. We are looking forward to growing the relationships into 2024 and beyond.”

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