Key Takeaways
- MFS bridging loan ILA is required by Market Financial Solutions to ensure you fully understand the risks before signing any mortgage or loan documents.
- You must obtain your solicitor’s certificate before completion, as MFS will not release funds until valid independent legal advice has been given.
- Only an SRA-regulated solicitor can issue a Market Financial Solutions ILA certificate recognised by your lender.
- Signing an MFS bridging loan or mortgage consent without ILA could leave you fully liable for the loan, even if you later dispute the terms.
- Fast ILA offers same-day remote ILA appointments by video call, with lender-approved certificates ready for urgent completions.
- To complete your MFS bridging loan ILA, prepare your loan agreement, mortgage deed, photo ID, and any lender forms before your solicitor call.
- Fast ILA’s fixed-fee service starts at £120 + VAT and is accepted by Market Financial Solutions and all major UK bridging loan lenders.
- Fast ILA is rated Excellent on Trustpilot with over 170 five-star reviews and a 4.9/5 rating.
- Book your MFS bridging loan solicitor appointment now to avoid lender delays, protect your interests, and meet your completion deadline.
Call our team at 0207 459 4037 or use our online form to secure your fixed-fee, remote ILA certificate appointment with Fast ILA.
Do I Need a Solicitor for My MFS Bridging Loan?
Market Financial Solutions (MFS) requires you to secure independent legal advice (ILA) from an SRA-regulated solicitor before completing your bridging loan or mortgage consent. Without a valid Market Financial Solutions ILA certificate, MFS will not release loan funds and your transaction cannot proceed. This solicitor certificate acts as a crucial safeguard, ensuring you are fully aware of what you are signing and understand the risks and obligations.
Attempting to sign your MFS bridging loan documents without this certificate could leave you personally liable for the full amount, even if issues arise down the line. Fast ILA provides a straightforward, remote process so you can secure the correct certificate quickly and avoid any unnecessary stress or delays.
If you need fast, lender-approved ILA from an SRA-regulated solicitor, you can call Fast ILA on 0207 459 4037 or book your Market Financial Solutions ILA appointment online.
Why Do Lenders Require ILA for MFS Bridging Loans?
Market Financial Solutions requires ILA to ensure that all individuals signing a bridging loan, personal guarantee, occupier’s consent, or security document fully understand the terms, risks, and serious financial obligations involved. ILA provides reassurance to both borrower and lender that:
- You are not being pressured or coerced into signing.
- Your consent is informed and voluntary.
- There will be clear evidence of advice in case of dispute.
If you are a personal guarantor, co-borrower, or giving consent as an occupier, you must supply a valid ILA certificate for MFS to complete your transaction.
ILA is not optional; it is a lender and regulatory requirement to protect everyone involved in the transaction.
What Is an MFS Bridging Loan ILA Certificate and Why Does It Matter?
An MFS bridging loan ILA certificate is a vital document signed by an SRA-regulated solicitor to confirm you have received clear, independent legal advice about the bridging loan terms. Without it, neither MFS nor any major UK bridging lender will release funds.
- The ILA certificate:
- Confirms you received impartial legal advice not influenced by the lender or broker.
- Serves as legal proof you understood the risks, interest rates, term, possible defaults, and security arrangements.
- Must follow MFS’s prescribed wording, including the specific loan reference and any lender-specific legal statements.
If the template or wording is incorrect, MFS may reject the certificate, causing delays or jeopardising your completion.
Having the right certificate means your loan can complete without obstacle or risk of future challenge.
What Happens in a Fast ILA MFS Bridging Loan Appointment?
Fast ILA’s remote MFS ILA process is designed to be efficient with no hidden fees or unnecessary stress. Here’s what you can expect:
1. Book a Fixed-Fee Appointment Online
Choose a convenient time using Fast ILA’s simple booking system. Same-day and urgent appointments are available, and all fees are clearly displayed.
2. Upload Your MFS Loan and ID Documents Securely
Once booked, you’ll receive an email link to upload:
- The full MFS bridging loan agreement or facility letter
- Any personal guarantee documents
- The mortgage deed or legal charge (draft)
- Your passport or driving licence, plus a recent proof of address
All uploads are handled using Fast ILA’s encrypted FastVerify portal.
3. Join Your Remote ILA Video Call
Your Fast ILA solicitor will hold a secure video call (Zoom or Teams) to:
- Verify your identity
- Go through all MFS loan and security documents with you in plain English
- Check you are acting freely and not under pressure
- Clarify any points and answer your questions
A typical MFS ILA appointment lasts 30–40 minutes.
4. Receive Your MFS ILA Certificate for Completion
After your meeting, Fast ILA issues your signed MFS ILA certificate—often on the same day. This can be sent direct to your broker, lender or case manager to avoid hold-ups.
The streamlined process helps you avoid last-minute frustrations and guarantees your certificate meets MFS’s completion requirements.
What Documents Do I Need for MFS Bridging Loan ILA?
Having the right documents ready means your Fast ILA solicitor can issue your certificate without unnecessary delay. You’ll need:
- Full copy of your MFS bridging loan agreement or offer letter
- Any guarantee documents (if you’re acting as a guarantor)
- The draft mortgage deed/legal charge
- Your passport or driving licence
- Proof of address (utility bill, bank statement, or council tax letter dated within 3 months)
- Any authority letters, if requested by MFS or your broker
If you’re missing anything, notify your Fast ILA solicitor as we can help co-ordinate with the lender or broker to supply documents promptly.
What Are the Risks of Signing Your MFS Bridging Loan Without ILA?
Attempting to complete your MFS bridging loan or sign guarantees without proper ILA exposes you to serious risks:
- MFS will block your completion if no valid solicitor certificate is provided.
- If you default or there’s a dispute later, you may be held personally liable, having no proof you understood your obligations.
- Courts can overturn or challenge a loan or guarantee signed without valid ILA—often leading to costly legal action or asset freezes.
- You lose the opportunity to identify or negotiate unfair clauses before signing.
Valid ILA is the foundation for your protection and is required for lender acceptance.
How Fast ILA Delivers Same-Day MFS ILA Certificates Remotely
Fast ILA’s process for Market Financial Solutions bridging loan ILA is 100% remote, lender-approved, and both simple and rapid:
- Secure encrypted online booking and document upload
- Transparent, fixed-fee pricing – no hidden costs for “speed” or “complexity”
- Same-day and out-of-hours (evening and Saturday) appointments
- SRA-regulated solicitors with deep experience in bridging finance
- Direct certificate delivery to lenders or brokers on request
| Service Level | Appointment Times | Certificate Issued | Fee |
|---|---|---|---|
| Standard | Next-day slots | Within 24 hours | From £295 + VAT |
| Urgent | Same-day (incl. eves/Sat) | Same day | From £395 + VAT |
Book your MFS bridging loan ILA appointment today with Fast ILA to keep your transaction on schedule.
Why Is ILA Legally Required for MFS Bridging Loans?
Independent Legal Advice is a regulatory requirement for most bridging loan and secured lending arrangements. This legal safeguard is grounded in key Court authority—most notably RBS v Etridge (No 2)—and ensures that borrowers, guarantors, and occupiers are acting voluntarily and with full knowledge.
| Reason | Legal Authority | Enforced By |
|---|---|---|
| To prevent coercion | RBS v Etridge (No 2) | Lenders, courts, SRA |
| To safeguard consent | Contract law | Solicitors, lenders |
| To make security enforceable | SRA, FCA rules | Law Society, courts, lenders |
Only an SRA-regulated solicitor, independent from all parties, can certify your ILA as valid for completion. Fast ILA’s team provides exactly this independence—acceptable for Market Financial Solutions and all UK bridging lenders.
The Fast ILA Advantage for Your MFS Bridging Loan
Fast ILA was created specifically to provide fast, accessible, and lender-accepted ILA for bridging loans—including tight completion timelines and out-of-hours requirements. Our approach:
- 100% remote appointments accepted by MFS and all bridging lenders
- Fixed, transparent pricing with no extra fees for urgent appointments
- Certificates perfectly matched to MFS standards every time
- SRA-regulated, experienced solicitors who specialise in complex lending and property work
- Secure digital platform for stress-free paperwork
If you need reliable, fixed-fee ILA for your Market Financial Solutions bridging loan—even at short notice—book with Fast ILA today for complete peace of mind.
Frequently Asked Questions About MFS Bridging Loan ILA
Do I need a solicitor for my MFS bridging loan or mortgage consent?
Yes. MFS requires ILA from an SRA-regulated solicitor who is fully independent from your lender and broker. Without it, your funds will not be released.
Is it possible to get MFS ILA fully online?
Absolutely. Fast ILA delivers 100% remote, secure video appointments, and certificates are accepted by Market Financial Solutions.
How much does bridging loan ILA cost with Fast ILA?
Urgent MFS ILA starts from £395 + VAT. Standard next-day slots are from £295 + VAT, all-inclusive.
What documents must I provide for my appointment?
You need your MFS loan agreement, any guarantees, the mortgage deed, and ID documents. Fast ILA’s portal allows secure uploads ahead of your video call.
Is a remote video call ILA certificate valid for MFS?
Yes. MFS accepts certificates from accredited solicitors following secure online appointments, provided the wording matches their requirements.
What if my completion is within 48 hours?
Fast ILA has same-day and out-of-hours slots—certificates are often issued within hours and sent directly to your lender or broker.
Can my lender or broker’s solicitor issue my MFS ILA?
No. The Law Society rules require ILA to be independent from your lender or their representatives. Fast ILA is fully compliant.
What are the risks of failing to obtain MFS ILA?
Your completion may be blocked. You also risk signing documents with lasting legal and financial impact without understanding your liabilities.
Will my Fast ILA solicitor tell me not to sign if the risks are too high?
Yes. Fast ILA solicitors will never issue a certificate if they believe you don’t fully understand the risks or are unduly exposed.
What if my ILA certificate is rejected for wording or technicality?
Fast ILA uses up-to-date, MFS-approved templates. If any changes are required, these are made free of charge to avoid delay.
Book Your Market Financial Solutions Bridging Loan ILA with Fast ILA Today
Securing your Market Financial Solutions bridging loan requires prompt, lender-approved ILA from expert solicitors. Fast ILA offers remote, fixed-fee appointments with SRA-regulated solicitors—accepted by MFS and all major lenders. Our team delivers same-day certificates, a secure online platform, and end-to-end support for urgent and complex transactions.
