The bridging loan provider is still located in Mayfair, moving from Berkeley Square to Hertford Street, a short walk from Green Park and Hyde Park Station.
The news follows an impressive year of growth. In 2020, MFS experienced a considerable rise in demand for its bridging loans from property investors – this has continued in 2021.
MFS recently secured a £150 million funding line and just last week announced another £200 million has been secured, as well as expanding its London-based workforce by 25% in 2020. The office move is part of its expansion strategy for 2021 and will accommodate MFS’ growing team of underwriters and business development managers.
The new office is located at 46 Hertford Street, London W1J 7DP. It is COVID-secure and fully compliant with social distancing measures and prepared for all staff and visitors once the country returns to normal.
There is plenty of space for intermediaries to visit when safe to do so and see how MFS operates with its open and transparent approach to reliable bridging loans, renowned for committing to loans once it says yes.
Paresh Raja, CEO of MFS, said: “MFS has moved to a larger workspace a short distance from its previous location . It’s an exciting time for the company and reflects the overall rise in demand for our market-leading bridging products and services.
“Despite the challenges posed by COVID-19, MFS continues to ensure property buyers have access to specialist finance solutions. This has led to noticeable spike in enquiries from brokers and private clients alike – something I anticipate will only increase over the coming year as investors recognise the benefits of bridging loans.
“I see 2021 as year full of opportunities and growth for MFS. The new workspace is part of our expansion strategy and will ensure MFS can satisfy the needs of current and future clients. The team and I look forward to welcoming our clients in person at our new office when it’s safe to do so.”[/vc_column_text]