MFS doubles funding through FlipFinance2017

MFS doubles funding through FlipFinance2017

Market Financial Solutions (MFS) is doubling the amount of funding available through its initiative FlipFinance2017.

Following its launch in May, the funding drive is increasing from £20m to £40m to meet a surge in demand.

Paresh Raja, chief executive at MFS, said: “The huge demand we have seen for FlipFinance2017 underlines the pressing need for innovative finance within the UK’s property market.

“In order to further support these vital refurbishment and restoration projects, MFS is pleased to announce that it has doubled the size of its industry-first FlipFinance2017 funding drive.”

The initiative was launched to help prospective property investors and landlords with their investment projects cross the UK property market, and is now worth £40m.

The initiative is running until June 2018.