MS Lending

MS Lending Group launches no valuations up to £500k on commercial property

MS Lending Group has extended its ‘no valuation up to £500,000’ product to now include commercial and semi-commercial property.

After entering the market in January 2021, the bridging lender originally provided finance with no valuations up to £500,000 on residential property.

The enhanced offering aims to help borrowers in time-sensitive situations, especially during protracted valuation turnaround times.

“The appetite for the ‘no valuation up to £500,000 on residential properties’ product has been [very] strong for the business,” said Rob Goodall, managing director at MS Lending Group (pictured above).

“We’re really pleased to be able to offer it across commercial and semi-commercial properties, too.”

The process allows MS Lending Group to provide offers within hours of receiving an application.

The news follows the launch of its two ESG products in January, one of which aims to incentivise clients to make EPC improvements.

In its first year of trading, the lender funded over £25m of business and, last month, appointed Rob Goodall as its managing director.

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