Market Financial Solutions (MFS) has removed the maximum loan size across its Bridge Fusion range, with all applications now to be reviewed on a case-by-case basis.
The lender has also reduced rates for commercial loans in the range and lowered early repayment charges (ERCs) for all products.
The Bridge Fusion range now has three tiers instead of two, depending on loan size.
Paresh Raja, CEO at Market Financial Solutions, said: “We’ve started September with a bang. Having launched a new ‘Core BTL’ range and then a valuation refund for bridging loans, we’ve now revamped our innovative Bridge Fusion range to allow us to cater to an increasingly large and busy commercial sector.
“We pride ourselves on reviewing every application on a case-by-case basis, enabling us to find a way of saying ‘yes’ to brokers and borrowers.
“Removing the maximum loan size and introducing a third tier to the Bridge Fusion range give us a greater chance of being able to take on a case, while reducing ERCs and commercial loan rates will also make the products that much more attractive to clients.”
