Market Financial Solutions (MFS) has joined Mortgage Advice Bureau’s (MAB) panel of lenders, with a focus on complex buy-to-let (BTL) cases.
Founded in 2006, London-based lender MFS specialises in handling large and complex loans, offering bridging loans up to £50m with terms between three and 24 months, and BTL mortgages up to £10m 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.
MFS head of national accounts Karen Rodrigues comments: “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.”
