MFS secures £125m funding increase

mortgage adviser with clients

Market Financial Solutions (MFS) has secured £125 million of institutional funding in response to significant demand for both its bridging products and buy-to-let (BTL) mortgages.

The increased funding comes from a top-tier investment bank. It adds significant capacity and funding diversification to support the continued growth of MFS’s specialist lending products.

With diversified, committed, and scalable funding lines, MFS is on track to grow its loan book to £1.1 billion in 2023. Large bridging loans and BTL mortgages continue to be two key product areas of growth.

Founded in 2006, London-based MFS is one of the UK’s leading bridging lenders by market share. In January 2022, it launched its BTL mortgage range to complement its bridging offering. Now, alongside its fast and flexible bridging loan products, MFS also offers BTL loans for both vanilla and large, complex deals.

With more than 80 employees spread across two offices, MFS has further expansion plans for both its bridging and BTL products. The strength of its funding, depth and expertise of its team, and quality of its processes mean the lender is geared up to deliver bespoke products on a large scale.

Paresh Raja, CEO of MFS, said: “We’re delighted to have secured this additional £125 million funding from leading financial institutions. This will support the growth across our bridging and BTL product lines, and keep us on track to meet our goal of reaching a £1.1 billion loan book for 2023.

“Support of existing and new investors to increase their funding for MFS underlines the quality and strength of the platform. Throughout 2022, we have continued to experience high demand from brokers and borrowers – particularly for large loans, BTL mortgages and complex deals – and we continue to service the demand with highly efficient processes. We lend quickly and maintain the highest quality of underwriting and loan management, delivering market leading standards.”

Visit the MFS website for more information about its large bridging loans or BTL mortgages.