Market Financial Solutions renegotiates £1.5 billion institutional funding line

By Bridging Loan Directory 2nd December 2024

Market Financial Solutions has renegotiated and extended an institutional funding line worth £1.5 billion to fuel the growth of its loan book.

With funds ready to deploy and a willingness to lend, it means Market Financial Solutions can both take on more clients as well as processing loans more quickly for time-constrained borrowers.

London-based Market Financial Solutions offers both bridging loans and buy-to-let (BTL) mortgages. Founded in 2006, it specialises in handling large and complex loans at pace, offering loans of up to £50 million with terms between three and 24 months.

The new and increased funding spans the lender’s bridging and BTL mortgage ranges, as well as its Bridge Fusion products.

Launched earlier this year, the Fusion range blends features of its bridging and BTL products into an attractive, longer-term bridge loan of up to £20 million with competitive annual rates.

With additional funding secured, Market Financial Solutions is committed to providing even greater speed, flexibility and certainty when working with a wide network of brokers and borrowers.

Paresh Raja, CEO of Market Financial Solutions, said:

“For all the political speculation and economic uncertainty, the UK property market has performed well throughout 2024, and with the Budget now delivered and the potential for another base rate cut expected before the end of the year, there’s a definite sense that we have turned a corner.

At Market Financial Solutions, we have experienced a very high demand for our specialist finance products over recent months and expect that to ramp up over the coming year, which makes this renewed funding line particularly timely.

With capacity available to lend across our bridging, BTL mortgage and Fusion ranges, we are in a real position of strength to support brokers and their clients.

Not only can we act quickly, but our funding lines mean we have an unwavering willingness to lend, when we say ‘yes’, we mean it, and we’re looking forward to a busy period ahead.”