Bridging solutions launched for high net worth clients

Product News

28TH MAR 2022

Bridging solutions launched for high net worth clients

We are delighted to announce the launch of a range of bridging solutions tailored to high net worth (HNW) clients. Complementing our existing bridging range, the new products offer a higher LTV of up to 70% and a five-year term of rolled-up interest.

Lending up to £5m, we offer products for simple and more complex cases, with approximate monthly rates starting from 0.42%.*

Dual representation and AVMs are available, along with the ability to structure fees and/or rates to suit individual client needs. For a swift turnaround, we offer a same-day ESIS for simple bridging cases and a next-day ESIS if the case is more complex.

Our award-winning team offer a personal service

Commenting on the new range, Stephen Barringer, Head of Specialist Lending said,

“The addition of bespoke solutions for HNW clients strengthens our position as a respected bridging lender. Our award-winning team includes bridging specialists and experienced bridging underwriters, who provide a personal and professional service to clients. Working with our intermediary partners, they progress applications efficiently and provide regular updates every step of the way.

Along with helping clients who turn to bridging finance when a property chain breaks down, our comprehensive range caters for a variety of other scenarios including, downsizing, re-bridging, refurbishment and property development.”

For more information or to discuss an individual case, call your nearest Specialist Lending Manager or email bridging@mhbs.co.uk.

*Rates are approximate. Interest is charged daily. Pricing is tailored to clients’ individual circumstances.

Article details are correct as at 28 March 2022. For our latest product information and criteria please talk to your Specialist Lending Manager