Large bridging loans are for those bigger projects and opportunities, whether it be prime luxury property, portfolios of properties, or large commercial premises.
Try the MFS bridging calculator to estimate the amount you can borrow, interest and other costs. Just enter the market value of your property, any outstanding mortgage, the amount you’d like to borrow and the months you’d need the money for. The calculator is easy to use and you get instant results.
Large bridging loans are loans of at least £4m that can be used for a range of different property types in England and Wales.
These can include:
The loan is often used to purchase high value single assets, such as a prime London dwelling, or a portfolio of lower value properties. It gives clients more flexibility to be able to ‘bridge the gap’ on larger opportunities, so they can continue with new purchases whilst waiting for other assets to sell, or arranging long term finance.
Loans between £4m 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).
Large bridging finance can be used when a borrower wants to take advantage of a new opportunity with a loan value of over £4m. A borrower can utilise the loan to buy portfolios of properties, buy large single assets such as luxury city centre property, or exit a large Development Finance facility to name just a few scenarios.
A borrower can purchase various types of property located in Wales & England with a large bridging loan. This can include luxury flats in prime locations, to large country houses spanning acres. They can also be utilised for different property uses, such as residential buy-to-let properties, to large shopping centres or hotels.
The range of property types that are acceptable are vast, so we recommend contacting our Underwriting team to discuss your requirements.
The benefit of high-value bridging finance is the ability to utilise it for those larger and more complicated purchases quickly, without the red tape of the high street banks. This allows for opportunities to be seized more quickly to ensure they’re not missed out on, and additional breathing space to put those more traditional finance facilities into place.
Furthermore, for portfolios, or blocks of flats, where there may be multiple units in play, the transaction can be completed as one loan, as opposed to lots of smaller loans. This simplifies the process for all parties.
Almost everyone that wants to invest in UK property will be eligible for high-value bridging finance, however for large bridging loans specifically, the property(s) which the borrower wants to utilise as security must have a value of at least £5.4m.
They are available for:
At MFS we can work as quickly as the client can, with funds being available within 3 days in some cases. We also have a 4-hour turnaround time to respond to enquiries, meaning that you can be sure that someone will come back to you and you won’t be left in the dark. If a client is working to a certain date, we will work with our solicitors to ensure their deadlines are met from our side.
We do not charge any early repayment charges on any of our loans, although we do have a minimum loan term of 3 months. We do charge a commitment fee on our loans; however, this is refunded when the loan is drawn down. It simply just shows the borrowers commitment to completing high-value bridging finance with us. We also charge an arrangement fee which starts from 1% of the gross loan amount, this will be communicated to the borrower early on in the process so that it is clear.
The only difference between our large bridging finance, and our other loans is purely the loan size. The underwriting process, documentation required, and the speed of which we can get the deal done remain the same. Similar to our other loans, borrowers are also able to make the right decision regarding interest payments to suit their individual circumstances.
Depending on your case, we will ask you for certain paperwork. These include:
Some additional documents might be required. However, our underwriter will give you more detailed information specifically for your case.
The first step will be to discuss your potential case with one of our underwriters, or BDM team. Just go to our contact page to find the best way to communicate for you – whether it be phone, email, scheduling a call back, or starting a live chat.
Get in touch via phone, chat or email about your query, however complex it might be. We will try our best to say yes to you, instead of finding a reason to say no.
Email: info@mfsuk.com
Phone: +44 (0)20 7060 1234
Email: brokers@mfsuk.com
Phone: +44 (0)20 7060 1234
I've had a recent completion, and my first ever with MFS. The way they stuck with the deal with an obstructive vendor was above and beyond the expectations of any lender (I could go on for hours about the vendor) With easily over 300 bridging completions under my belt in my career I know good service when I see it, my only regret is that I should have been using MFS more. Special mention to Jemma Vaja for her hard work.
Liam
From the first time I spoke to Sonal about the case , I was assured that MFS will be able to help . And yes they did. Sonal sent me terms very quickly and the whole process was seemless. We always got updates and Sonal was very professional and did a brilliant job until the case was finally completed . Our Client was very happy and this meant we were very happy too. We had a fantastic experience and we believe this will be the first of many . To Sonal a big thank you for your wonderful professional yet friendly assistance .
Mr Gabriel
Great service from Emily and Mark. Kept me updated regularly on the progress of the application and completion.
customer
Great Lender with flexibility and human underwriting. With an Amazing BDM.
Ken Emebo
Bridging Finance that took longer than anticipated to complete (in this instance solicitors ready to go but MSF Compliance had an issue) but all the same the u/w team were on hand to offer assistance. Client feedback is that solicitor fees do add up with MSF cases (especially BTL apps), so make sure you/your client take this into consideration.
Amie-Be Compliant Ltd
Really good experience from start to finish. Extremely diligent and very efficient way of working. Could not find any faults in the whole procedure. Definitely recommend it to others that are looking for this type of facility. Harj and Kiran we’re very professional at all times even working on a weekend if need to. Once again a big A BIG THANK YOU!!!
JOJAR DHINSA
Really excited to be working with MFS. Underwriter was busy throughout the application and it was difficult to get her on the phone, however our BDM Oli Watts was available throughout the process and that made it more efficient for us. If we were unable to get an update form UW Oli would get the info for us regularly.
Tobi
MFS, Thank you for giving all my clients an amazing service, Jemma, especially, she has been very professional and efficient since she joined MFS. She is a definitely a great asset to the company. Jemma, thank you and well done for all your assistance!
Maria
As a mortgage broker, I have dealt with MFS several times and all successfully progress to completion on time. I have to mention that the BDM Zahira and the Underwriter Jeanne have been working really hard to make sure my urgent deals completed within the deadline and updated me several times a day so I am always aware whats going on. Top services.
Sabrina
Working with MFS is an absolute pleasure. They are always in communication and so everything they can to deliver a seamless transaction within a short time and minimum fuss. All in all a very professional outfit. Working with Jemima Hyes and her team has been great.
Ripon Mahmood
Exceptional service from a professional, diligent and creative team. In particular - a special thanks to Sonal who effortlessly simplified the complexity of the matter, maintained clear lines of communication and ensured overall transactional efficiency.
DG
I have dealt with MFS for a long time as a Commercial Financial Broker. A great company to deal for all your short term funding needs. The speed, professionalism, communication and friendliness of staff are just great. I have dealt recently with Jemma who is always ready to help and sort out hurdles. Kieron and Richard are a few who i have dealt who brilliant. Also Paresh who is the CEO of MFS is a great person to deal. MFS always exceed expectations.
Victor
Five Star Service Another bride company let me down with an unreasonable underwriter view, which cost my client two weeks, a valuation, and solicitor fees. My client needs to close the deal within three weeks. MFS has given me hope and taken the human thinking approach to overcome all the obstacles. Craig, Wayne, and Will provided excellent support (all calls were answered the same day). A big thanks go out to them. The whole team deserves five stars. Easy Financial Services LTD
AJIT SINGH
I've had the pleasure of dealing with MFS in particular Imogen and Kieron. On each occassion from the initial phone call to discuss the nature of the case and sending across the enquiry form they have been proactive and quick to get the indicative terms issued. They are knowledgable and very helpful.
Amit Patel, Trinity Finance
Very tricky case, handled expertly by Jemma and the team, even though interest rates increased in the middle of the application, MFS ensured that any increase was as minimal as possible. Top effort and will be using MFS again
Craig
We've had nothing but great service from Zahira and Kieron whilst working with MFS. It's a pleasure to work with a common sense lender who are efficient, dedicated, commercially minded and easy to communicate with. Thank you, and keep up the good work!
Chris Oatway
I have dealt with MFS for 3 years. They have always been professional and found competitive structured finance solutions for my clients. They also offer a wide range of products. They have always got offers out quickly which is paramount to me. I have dealt with several of the team at MFS and they have all given me an excellent service.
customer
I have known Kieron and MFS for circa 4 years. Nothing is ever too much of a problem for Kieron and he is very quick to respond to my enquiries. A few months ago we completed two very tricky transactions in excess of a million pounds of Bridging and Kieron sorted out every question and query that we came across. Kieron’s ability to quickly refer up the line was also extremely helpful and he has access to the decision makers who without doubt have a 'can-do' attitude! I run a team of 5 Commercial brokers and I have recommended MFS to them on a number of occasions, so expect a plentiful supply of new business! Thank you to all at MFS, you are a great bunch!
Andy Elley
Swift, professional and focused! The team at MFS came to my rescue and potentially saved me from losing ALOT of money. I had a bridge loan lined up which fell through at the last minute. I’d already exchanged and was confident the previous loan would be fine as it was all agreed. However, when it fell through, I contacted Harjeevan Johal at MFS who, alongside Kieron Coote, quickly and professionally, were able to offer me a new loan. I’ve had daily conversations with both the above mentioned MFS members for the past few weeks. Ive been sharing my finances, explaining the deal that I’m doing, sending over all my personal and professional information - therefore they have been like colleagues of mine. They took on my requirements with passion and helped me drive the process all the way through to completion! I am so grateful for their commitment to me, their understanding of my somewhat complex deal (involving several parties) and offered many possible solutions for me! I highly recommend them.
Tommy Sandhu
First time I had introduced a client to MFS. MFS offer a freindly and efficient service, they are very competative and I will defenitley use them again. My client is very happy I introduced MFS to them.
John
