Market Financial Solutions (MFS) has secured £125m in institutional funding from a “top-tier investment bank”.
The funding will add “significant capacity and funding diversification” so MFS can continue to expand its specialist lending product range.
The lender added that the funding was in response to “significant demand” for bridging and buy-to-let products, and the investment would support further growth.
MFS said it would help the lender achieve its £1.1bn loan book target in 2023.
The lender was launched in 2006 initially as a bridging lender and launched its buy-to-let offering earlier this year.
MFS secured £250m in funding in June this year from an unnamed existing institutional investor.
Paresh Raja (pictured), CEO of MFS, said: “Support of existing and new investors to increase their funding for MFS underlines the quality and strength of the platform. Throughout 2022, we have continued to experience high demand from brokers and borrowers – particularly for large loans, buy-to-let mortgages and complex deals – and we continue to service the demand with highly efficient processes.
“We lend quickly and maintain the highest quality of underwriting and loan management, delivering market leading standards.”
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.