FIBA Partner MFS completes £17.64 million bridging loan

14 Aug 2019

Of all the different scenarios bridging loans can be used for, at Market Financial Solutions we are renowned for our delivery of tailored, specialist finance packages to support residential and buy-to-let investments. London’s residential and commercial real estate serve as popular ventures amongst property investors, yet for many, there is a risk of losing out on an opportunity should they rely on a loan from a highstreet bank. That’s why more and more borrowers are turning to short-term finance arranged by bridging lenders.

In testament to our industry-leading expertise, Market Financial Solutions (MFS) is pleased to announce our largest bridging deal to date, issuing a £17.64 million loan.

The multi-million-pound loan was used to support an LLP’s acquisition of a portfolio of properties in central London. Collectively, the property portfolio had a market value of £27,147,000.

To ensure the loan was arranged without delay, MFS instructed valuers to complete a report on the property portfolio within days of receiving the enquiry. Once the valuation was completed, MFS’ team of underwriters worked quickly, ensuring the client was able to receive the loan within a short timeframe. It was agreed that the exit to the first charge loan would come through a long-term refinancing plan.

While MFS specialises in the delivery of bridging loans from £100,000 to £10 million, our immediate access to in-house funds, coupled with increasing demand for bespoke specialist finance products has resulted in us servicing the upper-end of the market. What’s more, our ability to deploy complex loans has made us a leading bridging loan provider for high-net-worth and ultra-high-net-worth clients.

This bridging loan marks a significant milestone for MFS, demonstrating our expertise in deploying large funds and handling complex cases. By being able to quickly deploy the necessary finance to our borrower, the case shows just why MFS is ideally placed to manage the needs of investors seeking large bridging loans to quickly complete on a property acquisition.

If you’re a property investor interested in expanding your real estate portfolio, or a broker wanting to find out more about our competitive intermediary incentives, be sure to get in touch with a member of the MFS team today. Email or call +44 (0) 20 7060 1234.