This innovative Bridge Fusion loan blends features of our bridging and buy-to-let product into an attractive, longer-term bridge loan. We offer competitive annual rates for single properties and large portfolios and consider any large loan amount on a case-to-case basis.
“What are Bridge Fusions Loans?
Bridge fusion loans are a hybrid product, combining the best of both bridging finance, and bespoke BTL mortgages. This new product offers an attractive, longer-term bridging loan of up to £20m, with competitive annual rates.
It provides longer options for borrowers, with terms designed to offer flexibility in the current market. These loans are available for residential and commercial properties, providing maximum flexibility and optionality for brokers and their clients.
How do Bridge Fusion Loans work?
With a Bridge Fusion loan, you can borrow up to £20m, making it suitable for larger financial needs. It is available in four price points, covering residential, semi-commercial, and full commercial properties. Standard loans are available up to £3 million, with a max LTV of 75%.
It’s possible to extend a Bridge Fusion loan by up to 12 months, subject to an assessment by our underwriting team. The scope of this product can allow borrowers to navigate and withstand market uncertainty, while also potentially providing breathing space for expected reductions in the BBR, and other economic shifts. As is the case with all our products, all our Bridge Fusion enquiries will be underwritten from day one.
What can Bridge Fusion Loans be used for?
The Bridge Fusion product can be used for a variety of property types, including residential, semi-commercial, and full commercial properties. It is suitable for mixed-use buildings, large apartment blocks, student accommodation, and more. We also consider a wide range of assets, covering all use classes and business types based on their individual merits. Additionally, the product can be used for refurbishment and conversion projects where planning permission has been granted.”
The Bridge Fusion loan is a unique financial product designed as a hybrid between a short-term bridging loan, and a longer-term buy-to-let mortgage, combining the best features of both. It offers a longer-term option with annual rates to provide optionality in the current market. This loan is available for residential and commercial properties providing maximum flexibility.
This Bridge Fusion loan offers several advantages for borrowers.
With a Bridge Fusion loan, you can secure funding tailored to your commercial and residential finance needs, whether for smaller projects or large-scale investments. Our flexible tiers make it easy to find the right fit:
This tiered approach ensures that both modest and substantial projects can be financed effectively.
The Bridge Fusion product can be used for a variety of property types, including residential, semi-commercial, and full commercial properties but also large residential portfolios. This includes large apartment blocks, student accommodation, hotels, retail units, light industrial buildings, offices, vacant properties, and more. We consider a wide range of assets, covering all use classes and business types based on their individual merits. Additionally, the product can be used for refurbishment and conversion projects where planning permission has been granted.
The maximum LTV ratio for residential properties is 75% and 70% on Fusion Premier for large portfolios, for semi-commercial and full commercial properties the LTV is 70%, to ensure that borrowers have significant equity available for their investments.
Yes, you can extend your Bridge Fusion loan. A 12-month extension is possible, though subject to an assessment by the underwriting team. This assessment includes an evaluation of the borrower’s income, property valuation, payment profile, and the structure of the borrowing entity (such as an SPV). A 1% arrangement fee is chargeable for the extension, and the standard interest rate will apply during the extended period.
This Bridge Fusion product is open to a range of applicants who are looking to purchase/invest in a residential, mixed-used, or commercial property. This includes first time commercial landlords as well as:
There is an initial 2% arrangement fee for the loan. There is then an 1% arrangement fee, which is only applicable if the loan is being extended beyond 24 months, as well as early repayment charges.
If the loan is redeemed within the minimum term, an ERC is chargeable: 3% in year 1, 1.5% in year 2. A maximum of 25% partial overpayment is allowed after 6 months without incurring ERC.
To start your application, reach out to us via phone or email.
Call us at +44 (0)20 7060 1234 or email info@mfsuk.com. One of our dedicated underwriters will connect with you, discuss your requirements, and help you through the process.
