Buy-to-let intermediary Mortgages for Business is rebranding as Mortgage Finance Brokers (MFB) to reflect its more inclusive approach.
After 32 years in business, the Kent and Cheshire-based company has also launched a new website which showcases its diverse range of products and services, explains MD Gavin Richardson, who says MFB has evolved to do much more than its old name suggests.
MFB started out focusing on commercial mortgages but now writes mortgages for a wide range of clients from buy to lets for individuals as well as limited and trading companies, to short term and refurbishment finance via development loans, residential owner-occupiers and all types of commercial finance.
“Thirty years ago, we weren’t providing mortgages for HMOs, MUFBs, vanilla BTL, holiday lets, and student accommodation or residential mortgages for our clients either,” he explains. “The property finance sector has evolved since the early nineties and our company has, too. We want our name to reflect that.”
MFB, a founder-member of the National Association of Commercial Finance Brokers, will retain its acronym and logo - albeit with a new, modern colour scheme - to reflect the fact it’s still a family-owned business and proud of its roots.
“We want to bring some of our personality into finance...we’re modernising, but still holding our excellent service levels and values at our core,” adds Richardson. “There’s been a lot of challenges for our clients and peers over the past few years and landlords are facing some headwinds, but we wouldn’t be investing in the brand, enhancing our service proposition, and planning for the next 30 years if we didn’t believe in the sector.”