Market Financial Solutions joins PRIMIS’ panel of lenders

By

Paresh Raja Market Financial Solutions

Market Financial Solutions has joined PRIMIS’ panel of lenders.

The partnership will provide PRIMIS’ network of intermediaries with access to Market Financial Solutions’ wide range of bridging loan and buy-to-let (BTL) mortgage products, allowing them to place and process complex cases that require a flexible and bespoke approach to lending.

Founded in 2016, PRIMIS is one of the UK’s largest mortgage distribution networks.

It operates as an intermediary between over 2,800 mortgage advisers and 1,000 mortgage and protection firms, and its mission is to help brokers meet borrowers’ diverse needs, from standard mortgage cases to more complex financial scenarios.

Founded in 2006, London-based lender Market Financial Solutions offers both bridging loans and BTL mortgages.

It specialises in handling large and complex deals at pace, offering loans up to £50 million with terms of between three months and 10 years.

Market Financial Solutions’ experience, coupled with the strength of its funding lines, ensures it can provide certainty to brokers and borrowers.

Its products are also highly flexible. For instance, as well as reducing its bridging rates in June and again in September, Market Financial Solutions recently added a new ‘Bridge Fusion’ product to its offering.

A hybrid of a short-term bridging loan and a longer-term BTL mortgage, it has pay rates starting from 3.09% +BBR, and an LTV of up to 75% for residential properties and up to 70% for semi-commercial and commercial properties, with a maximum loan size of £20 million.

PRIMIS’ network of intermediaries can use this product on commercial, mixed use, and residential properties.

To help maximise their leverage and loan size, Market Financial Solutions’ clients can also use methods such as deferred interest, rolled-up interest, and top-slicing, which are already options on its BTL mortgage range.

Paresh Raja, CEO at Market Financial Solutions, said:

“We are incredibly excited to join PRIMIS’ panel of lenders, allowing a wider range of borrowers and intermediaries to access our bespoke financial solutions.

Our focus on delivering tailored financial solutions, whether for complex cases or standard mortgage needs, aligns perfectly with PRIMIS’ mission, and I am confident that brokers will find significant value in our flexible approach to lending.”

Craig Hall, Director of Strategic Partnerships for LSL Financial Services, added:

“Adding Market Financial Solutions to our lender panel was a simple choice. It brings a wealth of experience in the specialist finance sector, and its flexible approach to lending will ensure that our brokers can place cases that other lenders might shy away from.

I’m looking forward to working closely with the Market Financial Solutions team, and I’m optimistic that our partnership will go from strength to strength in the coming years.”