During March, the specialist lender completed 24 deals, including the month's largest ever loan — a £900,000, 85% LTV facility which helped a client purchase a 37-bed former nursing home in Northampton.
Of the total loans completed in March, approximately 80% were arranged using its ‘no valuation up to £500,000’ product.
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The specialist lender has also seen a rise in demand for ESG loans — since it launched its new ESG proposition, MS Lending has completed six transactions and has a significant number of deals currently in the pipeline.
Michael Stratton, CEO at MS Lending (pictured above), said: “We noticed two areas in the market which were fairly untouched — no valuations up to £500,000 and ESG-specific products — and both are turning out to be extremely beneficial to us as a business.
“I am delighted to announce such a successful month, and I am so proud of the team who continues to surpass our projections.
“Brokers and direct clients are seeing the benefit of our products, as well as our speed and agility; they can count on us, our unique offering and our service.
“As we continue to grow, it’s important that our core fundamentals remain the same.”
Since its launch in 2021, MS Lending has lent over £35m.
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