Who do we lend to?

Our bridging loans are eligible for borrowers from a wide selection of property or financial backgrounds. Whilst bridging finance is a preferred choice for landlords, property developers and investors alike, we’re flexible. Looking at the bigger picture, we focus on all elements such as your financial situation, your property / properties as well as your individual application.

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

• Applicant
• Individuals
• Self employed
• Limited
• LLPs
• SPVs
• Offshore
• Complex structures

Nationality

• All UK
• All EEA Nationals
• All countries except sanctioned states

Location

• England
• Wales

Payment

• Serviced monthly
• Interest rolled up
• A combination of both

We understand that everyone’s credit history is different and that you may be worried about if yours will affect your application. There are many cases where a standard loan will decline an applicant due to earlier circumstances. However, as specialists in the complex, we know that not every situation is the same and we work around the clock to find a solution that works for you.

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
• Default
• 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.

Our range of bridging products means that MFS bridging loans are available to suit a variety of situations:

• 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.

An exit route is part of the bridging loan criteria that a lender will look at before approving a loan. It is simply the way you plan on repaying the loan at the end of your term. Having an exit route planned in advance helps our underwriters minimise the overall risk that could affect your bridging finance.

There are many ways you can repay your bridging loan:

• Selling the Asset
• Refinancing / Buy-to-Let Mortgage
• Inheritance