Worried about rising interest rates? MFS has launched a clever new loan that combines the best of both worlds: the flexibility of a bridging loan with the stability of a longer-term mortgage.

They’re calling it ‘Bridge Fusion’, and it’s designed to give borrowers a safety net in these uncertain times.

How does it work?

• Two-year tracker: You get a tracker loan for two years, with an interest rate that moves in line with the Bank of England base rate. This means you’re protected from sudden jumps in interest rates.
• Possible third-year extension: Need more time? You can even extend the loan for a third year!
• Competitive rates: The rates start from 3.55% plus BBR (pa), which is pretty good considering the current market.

Who is it for?

This loan is perfect for borrowers who:

• Need time to plan: Are waiting for a property sale to complete or want to take advantage of a market opportunity.
• Want certainty: Are looking for a loan with predictable interest rates to avoid surprises.
• Need a bigger loan: Need to borrow up to £20m.

But wait, there’s more!

MFS isn’t just launching a new product. They’ve also slashed rates on their existing bridging loans by as much as 11 bps! That’s good news for anyone looking for a short-term loan.