Bespoke Bridge Fusion loan

What is a Bridge Fusion loan?

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.

7 Advantages of Bridge Fusion

This Bridge Fusion loan offers several advantages for borrowers.

• Bridge Fusion combines the features of a short-term bridging loan and a longer-term buy-to-let mortgage, offering borrowers a solution that allows them to navigate and withstand market uncertainty and instability. With a Bridge Fusion loan, borrowers can embrace a “wait and see” approach
• As a tracker product, it ensures that borrowers can benefit from expected reductions in the BBR
• Investors can borrow up to £20m, making it attractive for large commercial investments, or sizable renovation projects
• Terms of up to 24 months, which can be extended by another 12 months if needed
• It is open to a wide range of applicants, including individuals, limited companies, foreign nationals, experienced BTL portfolio owners, and 1st time commercial landlords
• We accept a wide range of property types: residential, semi-commercial and commercial properties including vacant properties, offices, retail, light industrial properties, and hotels
• Rolled and deferred interest can increase the net loan amount and allows you to borrow more

How much can I borrow?

With a Bridge Fusion loan, you can borrow up to £20m, making it suitable for larger financial end-goals. Standard loans are available up to £3 million per asset, while larger loans can go up to £20 million for residential, mixed-use, and full commercial properties. This broad range ensures that both smaller and larger projects can be financed effectively.

What can I use the Bridge Fusion loan for?

The Bridge Fusion product can be used for a variety of property types, including residential, semi-commercial, and full commercial properties. 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.

What is the max LTV?

The maximum LTV ratio for residential properties is 75%, for semi-commercial and full commercial properties the LTV is 70%, to ensure that borrowers have significant equity available for their investments.

Can I extend my loan?

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.

Who is eligible?

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:

• Individuals (from the UK, EU, and abroad)
• UK and offshore LTD companies
• PLCs
• LLPs
• UK and offshore trusts
• PEPs with enhanced due diligence

Additional fees

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: 6% in year 1, 3% in year 2. A maximum of 25% partial overpayment is allowed after 6 months without incurring ERC.

How to apply?

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.