Market Financial Solutions lowers minimum bridging loan to £100,000
Market Financial Solutions is now offering bridging loans starting from £100,000.
"This decision to start offering loans from £100,000 is part of our ongoing commitment to ensure we are meeting the changing needs of the market."
The lender previously offered loans starting from £200,000.
The announcement comes as MFS looks to expand its bridging loan services in property investment hotspots outside of London, with an initial focus on the Midlands.
Paresh Raja, CEO of MFS, commented: “With access to in-house funds and an experienced team that has been built over the past decade, MFS is ideally positioned to serve the needs of brokers and borrowers. This decision to start offering loans from £100,000 is part of our ongoing commitment to ensure we are meeting the changing needs of the market.
“The UK property market remains competitive, and I’m proud to say that our new offering means that more borrowers and intermediaries will be able to benefit from our services. Importantly, this announcement is the first of many MFS will be making in 2019, and I look forward to providing further updates over the coming months.”
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