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Loans between £2m and £50m are considered large bridging finance. However, from MFS a client can borrow from as little as £100k if they wish. It is all dependent on the amount the client needs, and the value the asset that they are lending against. At MFS, we lend up to 75% of the property value, otherwise known as 75% Loan to Value (LTV).
Property curse of the 1980s is alive and well as 2.5 million buyers say they have been gazumped. Londoners are the most ruthless property buyers in the country with three times as many people saying they have fallen victim to gazumping. Even the rich can be refused credit by the banks: Up to a million higher-rate taxpayers told ‘computer says ...
We are one of the UK’s fastest growing independent bridging lenders. We offer advice and guidance to our clients, helping them to choose the right finance for their business strategy and requirements. The products we cover range from bridging loans (www.mfsuk.com) to commercial lending (www.mfs.loans) The funding services we have available ...
mfs.com. MFS Investment Management ( MFS) is an American-based global investment manager, formerly known as Massachusetts Financial Services . Founded in 1924, MFS is one of the oldest asset management companies in the world and has been credited with pioneering the mutual fund. [1] The first mutual fund, the Massachusetts Investors Trust fund ...
Mar 30, 2024 · Reason 2: Speed. Another reason why bridging loans are a good idea is their speed. Instead of taking months, a bridge loan could see funds in your account in as little as three days. This means you could complete a property purchase quickly, minimising the risk of being out-bid, gazumped or stuck in a long property chain.
Our limited company bridging loans are spread across our product range with a maximum loan-to-value ration of 75%. Our largest residential loans can be used by Ltd companies, and they can stretch to £50,000,000.
MFS specialises in fast bridging finance, with our experience and expertise enabling us to deliver a decision promptly. We also have immediate access to funds, which allows us to send the finances quickly to the borrower once the terms of the bridging loan have been agreed and our due diligence has been completed.
