Market Financial Solutions (MFS) will be giving away iPhone 12s to brokers and borrowers from 26 October to the end of the year.
All brokers and borrowers who take a bridging loan from MFS worth £400,000 and more in the run-up to Christmas will receive the brand new iPhone. The giveaway begins on 26 October and ends on 31 December 2020.
London-based MFS has remained an active lender throughout the coronavirus pandemic, deploying more than £55 million worth of bridging loans between April and October. It has also created a dedicated £60 million COVID-19 recovery pot, ensuring funds are ready to be issued without delay.
In light of the stamp duty holiday, which runs until the end of March 2021, the UK property market is currently experiencing a surge in transactions and significant house price growth. However, many prospective buyers are struggling to secure mortgages or loans from lenders in the uncertain climate.
MFS remains committed to delivering bespoke bridging loans within days of receiving an application. Its iPhone giveaway seeks to reward the brokers and clients it works with, while also further incentivising people to act on their property-buying intentions and aid the market’s recovery.
Paresh Raja, CEO of MFS, said: “At MFS, we have always prided ourselves on the relationships we build with clients, whether that be brokers or borrowers. First and foremost, we do this by delivering tailored bridging loans at speed, even in complex situations. Yet we also reward those we work with and show our appreciation to loyal clients.
“I am delighted to reveal our latest initiative, which will see dozens of brand new iPhone 12s given away in the run-up to Christmas. I expect our phones and inboxes will be busier than ever in the coming weeks, and the whole MFS team is looking forward to a successful end to the year.”
Apple’s iPhone 12 was released in the UK on 23 October. It boasts an improved camera, a new Super Retina XDR OLED screen (which is four times stronger than before), a powerful A14 Bionic processor, and access to 5G data speeds of over 300Mbps.