Kick Off the Week with the MFS on Monday 9th May 9.30am -10.15am

Imogen Williams, Regional SalesManager from MFS joins Kevin at next week’s Kick Off Meeting at 9.30am Monday 9th May to discuss their newly launched BTL proposition together with their revised Bridging criteria

Bridging

  • Residential Investment and Buy to Let Single Property: Maximum loan has increased to £4m from £1.5m
  • Large Loan: Minimum Loan increased to £4m from £1.5m and Maximum Loan is £50m
  • Permitted Development Bridge and Light Development Finance: Maximum term has increased to 24 Months from 21

BTL

  • Tier 1 Pay Rate: Reduced to 3.29% from 3.79%
  • Tier 1 & 2 Rate Deferral: Increased to 1.5% from 1%
  • Tier 3 & 4 Rate Deferral: Increased to 2% from 1% and 1.5% respectively
  • Rolled Up: now up to 9 months from 6 months (max 6 months for 2 year BTL and max 9 months for 3 year BTL)

Log in details:

Kick Off the Week with MFS
Mon, May 9, 2022 9:30 AM – 10:15 AM (BST)

Please join my meeting from your computer, tablet or smartphone.

https://meet.goto.com/694533293

You can also dial in using your phone.
(For supported devices, tap a one-touch number below to join instantly.)

United Kingdom: +44 330 221 0088
– One-touch: tel:+443302210088,,694533293#

Access Code: 694-533-293

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