MFS reduces bridging and buy-to-let rates

Market Financial Solutions (MFS) has reduced rates across its product ranges.

The specialist lender has cut rates on its Bridge Fusion range, which is a hybrid of a bridging loan and a longer-term buy-to-let mortgage. Introduced in June 2024, the product allows a longer term of 24-36 months, providing increased certainty on loans of up to £20 million for residential, semi-commercial and commercial properties.

The lender has also cut rates across its bridging offering, with rates now starting from 0.39% +BBR, and its buy-to-let range, with pay rates starting from 5.04% on its two-year fixed rate product.

MFS specialises in handling large and complex bridging loans at pace, offering loans up to £50 million with terms between three and 36 months, as well as buy-to-let mortgages up to 10 years. 

Paresh Raja, CEO of MFS, said: “The market is heating up now that the Bank of England has started to bring down the base rate, so now is an opportune moment for us to help maintain the momentum that is building by reducing our rates. With significant price reductions across our higher loan tiers, the move will help brokers find the right product for their clients. As such, we are expecting to see a further surge in demand and look forward to supporting brokers through this period. 

“Now, more than ever, I know that brokers and their clients will find significant value in our offering. We remain committed to providing flexibility and certainty and will continue to look for ways to improve our products to ensure we’re meeting the unique needs of brokers and borrowers, no matter how complex their cases might be.”