Market Financial Solutions (MFS) has launched Fusion Premier, a new loan range designed to allow large residential property portfolios to be consolidated under a single facility at a lower annual rate.
The products, which extend the lender’s existing Bridge Fusion range, are aimed at landlords managing significant holdings.
Fusion Premier loans are available for residential properties only, with loan sizes ranging from £20m to £65m.
Individual properties within a portfolio are capped at a maximum value of £4m. The loans are available up to 70% LTV on a 24-month term, with an optional 12-month discretionary extension.
Paresh Raja, CEO of Market Financial Solutions, said: “Landlords with larger portfolios can often struggle to consolidate their various BTL mortgages or bridging loans.
“The Fusion Premier range has been launched to solve that headache – these are large loans, but with Market Financial Solutions’ usual speed and flexibility, offering portfolio landlords the opportunity to restructure their finances for simplicity, reduced rates or both.
“The Fusion range has been hugely popular since its launch last year. Combining key elements from our BTL mortgages and bridging loans, the Fusion products ensure brokers and borrowers have just more choice when finding a solution that best suits their needs.
“The introduction of Fusion Premier further enhances the range, and we cannot wait to begin delivering these products to clients.”
The lender last week added a third tier to its Bridge Fusion range based on loan size, introducing more competitive pricing and support for larger transactions.
