The bridging lender has relocated from Berkeley Square to 46 Hertford Street, a short walk from Green Park and Hyde Park Station.
The office is Covid-secure and fully compliant with social distancing measures and prepared for all staff and visitors once the country returns to normal.
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In 2020, MFS experienced a considerable rise in demand for its bridging loans from property investors and expanded its London-based workforce by 25%.
The office move is part of the lender’s expansion strategy for this year and will accommodate its growing team of underwriters and business development managers.
“MFS has moved to a larger workspace, a short distance from its previous location,” said Paresh Raja, CEO at MFS (pictured above).
“Despite the challenges posed by Covid-19, MFS continues to ensure property buyers have access to specialist finance solutions.
“This has led to a noticeable spike in enquiries from brokers and private clients alike, something I anticipate will only increase over the coming year as investors recognise the benefits of bridging loans.”
MFS recently secured its second funding line this year worth £200m from a global hedge fund.
In January, MFS obtained a £150m credit line from an undisclosed institutional investor to meet increasing demand.
“I see 2021 as year full of opportunities and growth for MFS,” added Paresh.
“The new workspace is part of our expansion strategy and will ensure MFS can satisfy the needs of current and future clients.
“The team and I look forward to welcoming our clients in person at our new office when it’s safe to do so.”
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