SimplyBiz Mortgages adds Market Financial Solutions to lender panel

SimplyBiz Mortgages has confirmed the addition of Market Financial Solutions (MFS) to its lender panel with immediate effect.

As one of the largest mortgage clubs in the UK, SimplyBiz Mortgages has added MFS to widen its access to specialist buy-to-let (BTL) lending for its intermediaries.

Bridging and BTL lender MFS offers special edition products that allow the flexibility to choose product fees depending on the borrower’s requirements, with the ability to choose between a 2%, 4%, or 6% fee, across all four tiers, and a higher product fee which means borrowers can benefit from lower interest rates.

SimplyBiz Mortgages CEO, Martin Reynolds, described the addition of MFS to its BTL panel is “perfectly timed”.

“We’re seeing more of our members looking to support clients with complex specialist requirements, Reynolds said. “MFS offers vital support for advisers venturing into specialist lending in order to extend their services to meet growing client needs. We have been particularly impressed with MFS’s flexibility, which will help with many of the cases our members might currently be finding challenging.

“MFS is a founding member of our Specialist Property Finance Club, and has worked with our sister company, FIBA, for a number of years. This new development in our relationship is built on strong foundations, positioning us well for a successful future, delivering the best possible outcomes to our members and their clients.”

Head of national accounts at MFS, Karen Rodrigues, added: “I am delighted that MFS is able to work with SimplyBiz Mortgages’ members. Having worked with Martin and the team over several years, it is a pleasure to now bring the MFS proposition to them – and it comes at an exciting time, as we expand our product range to ensure greater choice and flexibility for brokers and borrowers alike.”

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