Founded in 2006, specialist lender MFS provides both bridging loans and buy-to-let (BTL) mortgages. Launched in January 2022, MFS’s BTL mortgages are suitable for a wide range of clients, including those in complex situations, as well as corporate or overseas structures, offshore companies, trusts and foreign nationals.
In March, the company secured more than £300 million of new funding, which it will use to accelerate the rollout of its products, focusing in particular on large loans and BTL mortgages. MFS is targeting a loan book of £1 billion by 2023 and sees TBMC as an ideal platform to reach more brokers with its fast, flexible loans.
TBMC helps intermediaries handling difficult-to-place deals, with access to exclusive products not available on the high street. It makes it easier for brokers to find BTL mortgages as well as short-term, commercial, and second charge loans.
Imogen Williams, Regional Sales Manager at MFS, said: “With great uptake for our BTL mortgages and new funding secured, MFS is growing at pace. So, we’re very pleased to be working with TBMC to ensure even more brokers can access our specialist finance products, helping them find solutions for even the most complicated clients.”
Jane Simpson, managing director of TBMC, added: “It’s great to have MFS products now included as part of our product offering. We serve intermediaries working on everything from vanilla deals through to highly complex, unique cases – the addition of MFS’s products will certainly help brokers find the right solutions for their clients.”