The inclusion of MFS in New Leaf’s panel grants the network’s intermediaries access to the specialist lender’s full product range. This includes a newly introduced Bridge Fusion product, a hybrid of a bridging loan and a longer-term BTL mortgage, with pay rates starting from 3.55% plus bank base rate, an LTV of up to 75%, and a maximum loan size of £20 million. The product is available for commercial, mixed-use, and residential properties.
“We’re excited to start working with New Leaf Distribution’s intermediaries,” said Karen Rodrigues (pictured left), head of sales at Market Financial Solutions. “I know their members will find significant value in our wide range of flexible bridging and BTL mortgage products.
“In the current economic climate, we know that brokers and their clients are looking for some much-needed certainty, which is why we use our experience, product range and robust funding lines to ensure that when we say ‘yes’ to a loan, we can deliver it.
“I’m looking forward to working with a broader network of intermediaries, and I’m confident that our partnership with New Leaf will go from strength to strength in the years to come.”
Daniel Hobbs (pictured right), director at New Leaf Distribution, added that they too were pleased to be adding MFS to their panel of lenders.