Market Financial Solutions (MFS) has partnered with PMS Mortgage Club and joined the club’s lending panel.
The move means that PMS’ network of intermediaries and brokers can gain access to MFS’ range of buy-to-let (BTL) mortgages products, allowing them to place and process complex cases which require tailored solutions.
Founded in 2006, specialist lender MFS specialises in handling large loans at pace, offering loans up to £50m with terms between three months and two years.
MFS is currently sitting on more than £1bn in funding and is on track to achieve its goal of growing its loan book to £1.5bn by the end of the year.
“Our new BTL mortgage products, which allow landlords to pick their product fee to best suit their preferred repayment models, have proven to be really popular,” said head of national accounts at MFS, Karen Rodrigues. “So, we are excited to be working with PMS to ensure more brokers are able to access our BTL range.
“Ultimately, with the market still adapting to the Bank of England’s hiking cycle over the past two years, brokers are crying out for optionality and flexibility. Our skill and experience as a lender, coupled with our funding strength, allows us to innovate in order to meet the evolving needs of brokers and borrowers, as PMS’s network will now get to see firsthand.”
PMS is part of Sesame Bankhall Group, which brings together PMS Mortgage Club, Bankhall, and Sesame Network, reaching over 10,000 professional financial advisers.
Strategic relationships director at PMS, Stephanie Charman, added: “We are excited to welcome MFS to the PMS Mortgage Club lending panel. The business has great experience as a specialist lender and a particularly flexible range of BTL mortgages, allowing borrowers to scale their product fee up or down in line with a rate that best fits their cashflow and repayment capabilities.
“With a shared commitment to ensuring advisers and brokers have access to the very best products, along with exceptional service and wrap-around support, MFS is a natural partner for us. We are very pleased to be working together.”
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