Market Financial Solutions (MFS) has appointed Karen Rodrigues as its new Head of National Accounts.
Rodrigues has over 20 years’ experience in the mortgage intermediary sector having started her career in financial services with Halifax in 1992. She has worked closely with mortgage intermediaries ever since, building a deep understanding of the relationship and service requirements of networks, clubs, packagers, and brokers.
Having spent four years at Vida Homeloans as a Corporate Sales Manager and previously held positions at Aldermore Mortgages, Kensington, and One Savings Bank’s Kent Reliance and Prestige Finance brands. Most recently, she was Director of Sales at Smoove which included the eConveyancer platform.
Rodrigues joins MFS to bring the specialist lender’s wide range of fast and flexible financial products to the large clubs and networks across the UK.
As banks retract and withdraw their products, demand for specialist finance has increased, and MFS has experienced an uptick in enquiries and completions in 2023.
MFS has grown significantly over the past two years, with £1 billion currently available in funding and a new line of institutional funding worth £400 million recently unveiled, the company is on track to achieve its goal of growing the overall loan book to £1.5 billion in 2023. It has also doubled its employee headcount since the start of 2022, with more than 100 employees now on the team.
Karen Rodrigues, Head of National Accounts at MFS, said: “I am delighted to be joining MFS at a time when the company is expanding at pace. Having been an active player for 17 years now, the company is an integral part of the specialist finance industry, and I am excited to be a part of the business’ continued growth in the months and years to come.
“As other lenders withdraw their products and frequently adjust their rates, MFS has committed to providing the certainty, speed and flexibility that brokers and borrowers are crying out for in today’s lending market. I look forward to taking its market-leading products to the UK’s clubs and networks.”
Paresh Raja, CEO of MFS, added: “Lenders need great products and exceptional levels of services, and both things rely on having great individuals within their teams – that is why we’re so pleased to welcome Karen to MFS.
“Karen has immense experience in the intermediary market. Her extensive understanding of what borrowers and brokers need from lenders will enhance our ability to deliver an exceptional service and products to intermediaries across the UK.”
Due to the strength of its funding lines and expertise of its staff, MFS will double down on providing speed, flexibility and certainty to brokers and borrowers in a turbulent market. This includes clients in complex situations, as well as corporate or overseas structures, offshore companies, trusts and foreign borrowers.