news | 2 weeks ago | Jodie Bradley

MFS launches two- and three-year fixed-rate BTL mortgages

Market Financial Solutions (MFS) has re-introduced fixed-rate BTL mortgages and reduced all of its tracker rates.


As of today, the specialist lender is offering a two- and three-year fix, giving BTL investors shorter-term options if they do not want to tie in for five years.

Crucially, neither the two- or three-year BTL mortgages have rate stressing, which forces many landlords to tie into five-year fixed rates with associated early repayment charges.

MFS’s fixed-rate products start from a pay rate of 4.59%.

The company has also reduced its tracker rates by between up to 25bps. 

Paresh Raja, CEO at MFS (pictured above), said: “The time is right for us to introduce two- and three-year fixed products back into our BTL mortgage range.

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“We know that while they do not want to be locked in for so long, many brokers and borrowers take out five-year fixes due to a lack of an alternative or because they can get a longer-term fix without rate stressing.

“The fact we are bringing in shorter fixes but without rate stressing will give BTL investors much more control and choice when seeking the right product. 

“Everything we do is designed to empower brokers and borrowers.

“Our skill, experience and funding lines allow us to provide greater flexibility and optionality, and we’re confident that our expanding BTL mortgage range will remain in high demand in 2024.” 

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