Case StudiesCase Studies - Complex Loans
Our complex bridging loan can help those struggling with complicated or unusual circumstances such as adverse credit, complex company structures, or very tight deadlines.
Latest Case Studies
Case ScenariosCase Studies - Complex Loans
What we could do for a Covid era off plan investment
Read case study
Case Studies - Complex Loans
Working closely with trusted valuers and lawyers to address a complex deal
Read case study“Complex bridging loans are specialised short-term lending products created for those who struggle to find suitable finance for their needs. This is usually caused by unusual circumstances with a property or their personal situation.
Buyers may seek out complex loans if they’re investing via tricky company structures.
Additionally, those with personal financial difficulties, such as poor credit histories or large debts, may need more intricate solutions.
Complex bridging loans are designed to prioritise flexibility, as well as speed. The loans are tailored around unusual setups, which do not adhere to strict tick-box criteria’s.
Where complicated cases arise, they’ll often need a quick turnaround, creating stressful situations for buyers. Complex loans take this into account, getting funding out in mere days to alleviate the pressure.
Complex loans can be used for a range of investments, including residential or commercial property. In some larger cases, additional security may be needed to support the loan. This can include unencumbered residential properties, buy-to-let assets, or offices.
Here at MFS, our complex bridging loans are available from £100k to £50m with a maximum LTV of 75%.
Please do visit, www.mfsuk.com for more information and to contact one of our underwriters today.”
Complex bridging finance for extraordinary circumstances
- Min. loan amount: £100k
- Max. loan amount: £50m, 2nd charge: £5m
- Max. LTV: 75%
- Interest rates: variable rate from 0.49% (+BBR), fixed rate from 0.95%
- Charge type (1st/2nd): 1st and 2nd charge
- Term: 3 – 24 months
- Completion time: Funding can be issued in as little as 3 days.
- Exit fee: POA
- Location of property: England, Wales
- Offer: Full valuation refund on completion* (*see Product Guide for full details)
Complex Bridging Loans:
What you need to know:
What type of loan is this?How much can I borrow?What can I use this loan for?What types of property can I purchase?What are the advantages of complex bridging finance?Who is eligible?Additional feesDifference between complex bridging finance and other loansWhat information do you need to process this loan?How can I apply?
What type of loan is this?
Our complex bridging loan is a short term product, designed with flexibility in mind. It’s for borrowers facing difficult or unique circumstances. This could involve tricky corporate setups, overseas buyers, large debts and more. Complex bridging finance prioritises adaptability and does not stick to a tick-box lending criteria. It also provides you with optionality in how funding is utilised and repaid.
How much can I borrow?
You can borrow between £100,000 and £50,000,000, depending on your requirement.
What can I use this loan for?
Our complex bridging loan is often used where a quick turnaround is needed. Where deals get complicated, unexpected problems can make deadlines difficult to hit. To keep a project going, our complex loans can assure targets are met, while long-term solutions are planned. This support can be utilised for residential projects, commercial investments, rental opportunities and more.
What types of property can I purchase?
Our complex bridging finance can be used for a range of property types. Including residential, semi-commercial, or commercial properties; single units or complex portfolios. As these loans are created with complex scenarios in mind, the underlying assets may also be complicated in nature. For example, you may need a complex bridging loan if you’re investing in a building with a pub, a tenanted residential flat, and a garage.
What are the advantages of complex bridging finance?
There may be little leeway for complicated deals in the current market. As rates and costs rose, mainstream banks pulled deals. It appears they may only have an appetite for the plainest of applications. With an uncertain future, they may be unwilling to lend to you if you present any complications.
What’s more, the bar may be lowered for what’s considered “complicated”. Anything less-than-perfect could be shunned. But, we understand the real world is tricky. We won’t just look at your finances and essentials when reviewing your claim. Our complex deals will factor in your business acumen, history in the market, and wider assets. We’re ready for what you bring to the table.
Our complex bridging loans can give you peace of mind when moving forward on a project. Where complications arise in a property investment strategy, it may raise red flags with high street lenders. But our product is designed to take complications into account. No matter what issues emerge – foreseen or not – you can receive funding quickly.
Who is eligible?
Anyone aged between 21 and 85 can qualify for our complex bridging loan. They can be claimed by those who may face complications because of their setup. Examples include corporate structures, self-employed workers, or overseas entities. This loan can also be issued to trusts, individuals, LLPs and SPVs.
We’re open to applicants from all countries, other than sanction states. We’re also happy to accept applications from a spectrum of financial backgrounds. Including broken chains, adverse credit, defaults, and more.
Additional fees
There is an arrangement fee across all our bridging products, starting from 1% of the gross loan amount. Additionally, we’ll refund commitment fees on drawdown. Our complex bridging loans may also have an exit fee, however you will be told these fees upfront so that there are no hidden costs waiting for you further down the line.
Difference between complex bridging finance and other loans
All our loans are bespoke. They’re tailored to a client’s circumstances. But where your case may be especially difficult, our complex bridging loan will provide the best option. All our cases have an assigned underwriter and where they know they’re dealing with complexity; they may focus on your background and specifics.
What information do you need to process this loan?
Your application will be assessed on its own merit. This means the details we’ll need will depend on your specific circumstances. Certain documentation will be needed as a minimum, however.
We’ll need details on the investment and/or properties involved. This will include addresses, values, and other basics. You will also need to provide details on your exit strategy. If you can offer evidence for plans to sell an asset on, or a refinancing commitment, your application will likely progress more smoothly.
For complicated cases, we’ll likely need details on the elements that are causing the complications. If you’re supporting an application with overseas asset, we’d need to see evidence of this, for example.
How can I apply?
All applications can be started by contacting us. Our website features a live chat system, and you can call us on +44 (0) 20 7060 1234. You can also email us by sending a message to info@mfsuk.com. All our queries are responded to within 4 hours and an underwriter will be in touch to discuss your case.
