Market Financial Solutions (MFS) has joined The Money Group’s (TMG) panel of lenders, giving TMG’s network of intermediaries access to MFS’s range of bridging and buy-to-let (BTL) mortgage products.
TMG, established in 2021, focuses on enhancing the relationship between mortgage advisers and lenders by eliminating integration barriers and improving the overall customer journey.
TMG is among the UK’s fastest-growing financial services networks and is built by brokers for brokers.
MFS, a London-based specialist lender, is renowned for handling large loans swiftly, offering loans up to £50m with terms between three and 24 months. MFS also works with foreign nationals and applicants with adverse credit, which TMG’s broker network will now be able to leverage.
MFS’s nationwide BDM network, which has expanded to 10 staff members across England and Wales over the past year, will ensure brokers receive exceptional service and communication.
MFS currently has over £1bn in funding and aims to grow its loan book to £1.5bn in 2023.
Paresh Raja (pictured), CEO at MFS, said: “Our processes, products and ethos are all geared towards making deals happen – we underwrite from day one, allowing us to identify any potential hurdles and find ways to overcome them.
“The result is that we are able to say yes to cases that so many other lenders would turn their backs on, and brokers can be confident that when we say yes, we mean yes.
“We’re excited to be working with TMG. Brokers and their clients need optionality in the current climate, and with fast, flexible loans – spanning bridging and BTL mortgages – MFS will deliver just that to the TMG network.”
“Adding MFS to our panel of lenders was really a ‘no brainer’,” added Scott Thorpe, TMG Network Director. “When we met with their team and heard them talk about how they work and what MFS could bring to the table with so much passion, we said yes on the spot.
“The partnership with MFS gives the TMG network access to new options, some of which we didn’t know were possible. It is an ever-changing market and as a network we need to adapt with that. MFS give us direct access to the underwriting team, a great suite of products and regional BDM support. We’re really excited about this addition and have already seen progress with cases we didn’t know where to place.”
