Case ScenariosCase Studies - Semi Commercial/Commercial
This new, innovative Bridge Fusion blends features of our bridging and buy-to-let product into an attractive, longer-term bridge loan up to £20m with competitive annual rates.
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Read case study“What are Bridge Fusions Loans?
Bridge fusion loans are a hybrid product, combining the best of both bridging finance, and bespoke BTL mortgages. This new product offers an attractive, longer-term bridging loan of up to £20m, with competitive annual rates.
It provides longer options for borrowers, with terms designed to offer flexibility in the current market. These loans are available for residential and commercial properties, providing maximum flexibility and optionality for brokers and their clients.
How do Bridge Fusion Loans work?
With a Bridge Fusion loan, you can borrow up to £20m, making it suitable for larger financial needs. It is available in four price points, covering residential, semi-commercial, and full commercial properties. Standard loans are available up to £3 million, with a max LTV of 75%.
It’s possible to extend a Bridge Fusion loan by up to 12 months, subject to an assessment by our underwriting team. The scope of this product can allow borrowers to navigate and withstand market uncertainty, while also potentially providing breathing space for expected reductions in the BBR, and other economic shifts. As is the case with all our products, all our Bridge Fusion enquiries will be underwritten from day one.
What can Bridge Fusion Loans be used for?
The Bridge Fusion product can be used for a variety of property types, including residential, semi-commercial, and full commercial properties. It is suitable for mixed-use buildings, large apartment blocks, student accommodation, and more. We also consider a wide range of assets, covering all use classes and business types based on their individual merits. Additionally, the product can be used for refurbishment and conversion projects where planning permission has been granted.”
Bespoke Bridge Fusion loan
- Minimum loan amount: £100k
- Maximum loan amount: £20m
- Maximum LTV: 75%
- Interest rates: tracker rate from 5.55% (+BBR)
- Charge type: 1st charge
- Term: 24 months + 12 months extension possible
- Exit fee: POA
- Location of property: England, Wales
Bridge Fusion loan –
What you need to know:
What is a Bridge Fusion loan?
The Bridge Fusion loan is a unique financial product designed as a hybrid between a short-term bridge loan and a longer-term buy-to-let loan, combining the best features of both. It offers a longer-term option with annual rates to give some flexibility in the current market. This loan is available for residential and commercial properties providing maximum flexibility.
How much can I borrow?
With a Bridge Fusion loan, you can borrow up to £20m, making it suitable for larger financial needs. The product is available in four price points, covering residential, semi-commercial, and full commercial properties. Standard loans are available up to £3 million, while larger loans can go up to £20 million. This broad range ensures that both smaller and larger projects can be financed effectively.
What can I use the Bridge Fusion loan for?
The Bridge Fusion product can be used for a variety of property types, including residential, semi-commercial, and full commercial properties. It is suitable for commercial, semi-commercial, mixed-use buildings, large apartment blocks, and student accommodation. We also consider a wide range of assets, covering all use classes and business types based on their individual merits. Additionally, the product can be used for refurbishment and conversion projects where planning permission has been granted.
What is the max LTV?
The maximum LTV ratio for residential properties is 75%, for semi-commercial and full commercial properties the LTV is 70%, to ensure that borrowers have significant equity available for their investments.
Can I extend my loan?
Yes, you can extend your Bridge Fusion loan. A 12-month extension is possible, though subject to an assessment by the underwriting team. This assessment includes an evaluation of the borrower’s income, valuation, payment profile, and the structure of the borrowing entity (such as an SPV). A 1% arrangement fee is chargeable for the extension, and the standard interest rate will apply during the extended period.
Advantages of Bridge Fusion
This Bridge Fusion loan offers several advantages for borrowers. This new Bridge Fusion product combines the features of a short-term bridging loan and a longer-term buy-to-let mortgage, offering borrowers a solution that allows them to navigate and withstand market uncertainty and instability. Additionally, this tracker product ensures that borrowers can benefit from expected reductions in the BBR, which can be extended for another 12 months if needed. Furthermore, the fusion product is open to a wide range of applicants, including individuals, limited companies and offshore trusts.
Who is eligible?
This Bridge Fusion product is open to a range of applicants that look to purchase a residential, mixed-used or commercial property. Amongst others:
- Individuals (from the UK, EU, and abroad)
- UK and offshore LTD companies
- PLCs
- LLPs
- UK and offshore trusts
- PEPs with enhanced due diligence
Additional fees
Bridge Fusion loans come with a few additional fees. There is an initial 2% arrangement fee for the loan. There is then an 1% arrangement fee, only applicable if the loan is being extended beyond 24 months, as well as early repayment charges for the first 20 months. If the loan is redeemed within the minimum term, an ERC is chargeable. After the minimum term, a maximum of 25% partial overpayment is allowed without incurring ERC. These fees ensure that the loan terms are clear and manageable for borrowers.
How to apply?
To start your application, reach out to us via phone or email.
Call us at +44 (0)20 7060 1234 or email info@mfsuk.com. One of our dedicated underwriters will connect with you, discuss your requirements, and help you through the process.
