A client was introduced to us by a regular broker who required funds to refinance an unencumbered BTL property located in White City, London. The client required the funds to complete development on another site that he owned. The property is located in an area which has good rental market. Market Financial Solutions offered the client 75% of the Market Value as Gross Loan amount for the terms of 12 months. We also rolled up and retained the interest upfront, which gave the borrower room to concentrate on his completion of his development site. We instructed the local valuer and instructed our solicitors simultaneously. Borrower’s solicitors were already on standby, hence all the legal process was completed without any hiccups. Borrowers were immensely satisfied with the service we provided by Market Financial Solutions.

One of our broker approached us requesting if we could help his client with a short term bridging facility for a property located in North- West London. The client required the bridging finance to complete the legal process to acquire other properties that she had recently received from inheritance. The case was not a straightforward, as the client was a Nigerian national and resident. We were comfortable with the security asset and offered Gross Loan amount of £465,000 at LTV of just over 71% for the term of 6 months. The exit strategy was to be the sale of the property as the property was vacant and was already on market to sell. The legal process was completed by Borrower’s UK based lawyers as well as with the assistance of international law firm in Nigeria which was well versed with UK Laws. The loan was drawn down well within the required timescale, enabling the borrower to utilize the funds for her legal fees.

A repeat HNW borrower approached us for a short term funding requirement to complete the purchase of a Closed public house in Oxford. The project was to acquire the property and apply for planning permission to convert the Public house into two houses. The borrower already had positive response from the council which could also be confirmed by the public data available along with the comments made by the Surveyor in the Valuation report. This also made us comfortable with the Exit strategy which is to sale the property once the planning permission is ascertained. Once the valuation report was obtained, we instructed the legals to complete the transaction in total of 1 week from day of instructing the valuer. Borrower was extremely satisfied with the service provided by MFS, and mentioned that the quality of service provided by MFS is the reason why he approaches us every time he requires short term funding.

A family of international clients enquired about short term funding for two newly built residential apartments on the riverfront, in the heart of the new Nine Elms in Battersea, an area well known for new developments. The clients came from a high profile background, had a strong UK property track record and were interested in a loan that would serve their purpose as quickly as possible. Therefore, we immediately arranged a combined gross loan amount of £1,000,000 for both properties, with an LTV of 60%. This suited all parties. The exit strategy agreed is the sale of the properties. We liaised with the valuers effectively and instructed our cooperative lawyers who moved the process along efficiently. The transaction was finalised on the scheduled completion date and the clients were extremely satisfied with the service MFS offered.

Introduced to us by one of our valued brokers, two clients, a mother and her son, were in need of separate short-term loans for two respective properties. The first was a spacious semi-detached property in Ilford they were looking to refinance, and the second was a residential property in Romford they were looking to acquire, which had suffered smoke damages. As both properties offered lucrative potential, we wanted to make sure the clients would benefit from the loans. Therefore, we offered a combined loan of £420,000 for both properties, with competitive interest rates and an LTV of less than 70%. We instructed our valuers and lawyers who then worked alongside us collectively throughout the process so that we could provide a fast and reliable service to the clients. As a result, the clients were very happy with the arrangement and could continue with the development of their business plan.

One of our long standing client had a fantastic opportunity to acquire a 4 storey commercial building in Hounslow. The security property is occupied by a tenant with a strong covenant strength on a short term lease. The client had already exchanged contract to purchase the property for £5m and required 75% of the Market Value to complete the transaction. As is the case with the bridging deals, time was of an essence. We instructed Surveyors and also engaged the solicitors simultaneously to streamline the completion process. With the assistance of our panel surveyors who inspected the property and provided the valuation report at short notice, and because of our proactive solicitors, we were able to complete this deal within the required time line. The exit strategy is through long term refinancing. Client already has secured long term refinancing offers through different high street lenders. The clients were extremely satisfied with the quality of service offered by us.

The client approached us for short term funding as he ran into troubled waters with his 2nd Charge lender. As the property was a Buy-to Let property and as the client has already put the property on market for sale, Market Financial Solutions extended a short term funding offer on 1st Charge basis. The rates offered were much more competitive than the default rate that was being charged by the 2nd charge lender. The client was extremely pleased with the structure of the offer made. Once the offer was accepted, we swiftly moved the matter forward by instructing Valuers and engaging the solicitors. MFS was able to complete the transaction within the dead line stated by the existing lender. Client is also pleased with the fact that Market Financial Solutions do not charge any penalty for early repayment, which will allow the client to redeem the loan as soon as the property is sold, as the property is already on the market to sale.

Client had an excellent opportunity to purchase the commercial properties (office space) which they were currently leasing at a discounted price through an “option to buy” scheme. The opportunity was too good for client to miss, and hence required a short term funding to complete the transaction within a short time frame, before the land lord put the property on market. Market Financial Solutions assisted the client with the required amount. The Exit strategy is through long term refinancing.

A broker with whom we have a long standing relationship with, introduced a client to us who required a re-bridging facility to pay off existing bridge lender. The client required a bridging facility as there was a delay is selling the property, as borrowers were hoping to achieve maximum sale price. The property was valued at £1.49, and the loan required was £335k. Due to the low LTV, and the location of the asset, it made a good case to offer a bridging facility for another 12 months, till the time borrowers secure a suitable purchaser to buy the property and re-deem the bridging facility.

The client approached us for short term funding as he ran into troubled waters with his 2nd Charge lender. As the property was a Buy-to Let property and as the client has already put the property on market for sale, Market Financial Solutions extended a short term funding offer on 1st Charge basis. The rates offered were much more competitive than the default rate that was being charged by the 2nd charge lender. The client was extremely pleased with the structure of the offer made. Once the offer was accepted, we swiftly moved the matter forward by instructing Valuers and engaging the solicitors. MFS was able to complete the transaction within the dead line stated by the existing lender. Client is also pleased with the fact that Market Financial Solutions do not charge any penalty for early repayment, which will allow the client to redeem the loan as soon as the property is sold, as the property is already on the market to sale.