Property acquisition in London

Property acquisition in London

Gross Loan Amount:

£250,000

Property Value:

£360,000

LTV:

70%

Initial Circumstance

Client required funds fast for the acquisition of a Buy To Let property. They had paid a deposit, were struggling to find suitable finance within the time constraints and there was a risk of losing the property to higher bidders.

MFS Solution

To avoid losing the property, MFS selected the valuer with the earliest availability. With the additional support of our solicitors, we were able to meet the deadline and make sure the client did not lose their deposit. The exit strategy was through long term refinancing once the property was acquired.

The Benefits

Client was pleased as had acquired a magnificent property at a very competitive price. Thanks to our fast bridging loans, they didn’t lose their deposit and were left with zero risk of penalty costs.

Latest Case Studies

Our Calculators:

Calculator Page_Bridging Image_Top
Homepage_Calculator Icon

Bridging Loan Calculator

Calculate the loan amount you may be able to apply for and the interest payment options available to you.

Calculator Page_Bridging Image_Bottom
Calculator Page_Buy-To-Let Image_Top
Homepage_Buy-To- Let Calculator Icon

Buy-To-Let Mortgage Calculator

Use the calculator to understand which product tier best matches your BTL requirements.

Calculator Page_Buy-To-Let Image_Bottom
bridging loan for auction properties

Contact us

Speak to us on the phone, via chat or email about your case, however complex it might be. We have a friendly, dedicated team and one of our underwriters will be happy to help you with your enquiry. We will always try to lend, and when we say yes – we mean it

Menu