Market Financial Solutions (MFS) has confirmed a new partnership with The Money Group (TMG) which will see the firm join its panel of lenders.
The move will provide TMG’s network of intermediaries with access to all MFS bridging and buy-to-let (BTL) mortgage products.
London-based specialist lender MFS offers loans up to £50m and terms between three and 24 months. The company also works with applicants who are foreign nationals or have adverse credit, which TMG’s broker network will now be able to benefit from.
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 in 2023.
“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,” commented MFS CEO, Paresh Raja.
“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 BTL mortgages – MFS will deliver just that to the TMG network.”
TMG network director, Scott Thorpe, described adding MFS to its panel of lenders as 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,” Thorpe added.
“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 gives 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.”
Recent Stories