Who do we lend to?
This means we are ready to help with a wide range of financial situations or investments, without putting you through a lengthy and confusing process.
If you need finance quickly, our panel of solicitors and surveyors are always ready and will swiftly perform the property valuations, taking care of the legal process.
Who is eligible for an MFS Bridging Loan?
That’s why, unlike other lenders, our simple bridging loan application assesses every enquiry on a case-by-case basis at our underwriter’s discretion. We tailor your experience in a highly unique way, and make sure that we meet your bridging loan criteria, as well as our own.
Bridging Loan Applicant Criteria
- Self employed
- Complex structures
- All UK
- All EEA Nationals
- All countries except sanctioned states
- Serviced monthly
- Interest rolled up
- A combination of both
Will my credit history affect my application?
Whereas traditional lending may use a limiting criteria, we asses applications case-by-case and work with you to tailor your loan specifically to suit your financial needs.
All our bridging clients will have a dedicated MFS underwriter assigned to their cases. They will be there to walk you through our simple 6 step process and be available to answer questions and update you on the loan process, at any time.
Our loan flexibility allows us to consider cases in scenarios usually dismissed by other lenders. Whether that be:
- Meeting transaction deadlines
- Broken chains
- Missed mortgage
- Released capital
- Replacing existing finance
- Non-renewal from existing lender
- Business cash flow
- Short-term working capital
- Divorce settlements
- Annulment of bankruptcy
- Transferring from individual to company
- Tax, liabilities, IHT, CGT, VAT
- Discharging adverse credit
- Exiting IVAs
- Repairing CCJs
TMFS bridging loans cater to both individuals and businesses alike, including Limited, LLPs, SPVs, offshore companies.
In what situations can I use a Bridging Loan?
- Buying a property at auction
- Looking to buy a new property before the sale of another
- Property investment opportunities
- Starting a new business venture
Bridging finance allows you to open the doors to new and exciting property opportunities.
What is an exit route?
There are many ways you can repay your bridging loan:
- Selling the Asset
- Refinancing / Buy-to-Let Mortgage