MFS joins Paradigm's lender panel

Paradigm member firms will now be able to access the full range of MFS products covering both buy-to-let mortgages and bridging loans.

Related topics:  Finance,  Mortgages,  Lending
Property | Reporter
9th April 2024
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"Bespoke product options in a more complex lending and borrower landscape are increasingly in demand, and at Paradigm we want to ensure our member firms have access to lenders who specialise in these areas"
- Richard Howes - Paradigm

Mortgage, protection, and compliance services provider Paradigm, has announced the addition of specialist lender, Market Financial Solutions to its lender panel.

MFS specialise in offering unregulated loans in England and Wales to first-time landlords (including HMO and MUFB), limited companies, foreign nationals and expats, and trusts (including offshore) and are members of the NACFB, FIBA, IMLA and the ASTL.

Richard Howes, Director of Mortgages at Paradigm, commented: “Bespoke product options in a more complex lending and borrower landscape are increasingly in demand, and at Paradigm we want to ensure our member firms have access to lenders who specialise in these areas.

"This is why we have added MFS to our lender panel today who work within both the buy-to-let and bridging spaces and have carved out a strong reputation for working effectively with advisers and ensuring their clients have access to quality products.

“MFS also offer a number of unique criteria options which are particularly relevant in an environment where affordability can be a significant challenge. Options such as rolling up months of interest, deferring 2% of the rate, top-slicing from portfolios or wider wealth are all available.

"And there is clearly a focus on individual underwriting in order to ensure the adviser can secure the right deal for the specific needs of the client. We’re looking forward to working with MFS and to introducing its proposition to our member firms.”

Karen Rodrigues, Head of Sales at MFS, said: “The whole team at MFS are absolutely delighted to be launching with Paradigm, given they offer a very different mortgage club to the market for their members. Having worked with the Paradigm team for some time we believe our proposition is one their members will benefit from and offers another avenue to diversifying their businesses.”

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