The Money Group adds MFS to lender panel

The Money Group has added Market Financial Solutions (MFS) to its panel of lenders.

TMG’s network of intermediaries will now have access to MFS’s range of bridging and buy-to-let mortgage products.

London-based specialist lender MFS specialises in handling large loans, offering loans up to £50 million and terms between three and 24 months. The company also work with applicants who are foreign nationals or have adverse credit.

Earlier this month, MFS launched a new range of variable rate bridging products.

Paresh Raja, CEO at MFS, said: “Our processes, products and ethos are all geared towards making deals happen – we underwrite from day one, allowing us to identify any potential hurdles and find ways to overcome them. The result is that we are able to say yes to cases that so many other lenders would turn their backs on, and brokers can be confident that when we say yes, we mean yes.

“We’re excited to be working with TMG. Brokers and their clients need optionality in the current climate, and with fast, flexible loans – spanning bridging and buy-to-let mortgages – MFS will deliver just that to the TMG network.”

Scott Thorpe, director of TMG Network, added: “Adding MFS to our panel of lenders was really a ‘no brainer'. When we met with their team and heard them talk about how they work and what MFS could bring to the table with so much passion, we said yes on the spot.

“The partnership with MFS gives the TMG network access to new options, some of which we didn’t know were possible. It is an ever-changing market and as a network we need to adapt with that. MFS give us direct access to the underwriting team, a great suite of products and regional BDM support. We’re really excited about this addition and have already seen progress with cases we didn’t know where to place.”