MT Finance
MT Finance

MT Finance 

MT Finance launched in 2008 with a clear and simple philosophy: to provide loans quickly and effortlessly, and with utmost flexibility – core values we maintain to this day.

We are committed to supporting the UK intermediary community by providing fit-for-purpose specialist funding solutions that meet your client’s needs and have built our reputation around an exceptional service proposition – something we are consistently recognised for within the financial services industry.

Bridging Loan Product Guide Buy-to-let Product Guide Bridging and BTL Factsheet  

Proc Fees

Product Gross Net
All Products 1.75% 1.5%
BTL 0.60% 0.55%

Overview

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Heavy Refurb Range

This product is designed to cater for borrowers who wish to add value to their investment by undertaking conversion works.

Borrowers can apply as individuals or through limited companies and the types of heavy refurbishment accepted include basement digs, loft conversions, completing a development project and commercial conversions to residential.

Criteria:

  • Up to 65% LTV
  • Loans from £50,000k - £500,0000
  • Terms from 1-24 months
  • No exit fee/No ERCs
  • No personal guarantees required

Residential Range

Common uses include the purchase of an investment property where time if of the essence, completing light refurbishments on an investment property and buying at auction.

Criteria:

  • Up to 70% LTV
  • 1st & 2nd Charge
  • Loans from £50k - £10m
  • Terms from 1 - 24 months
  • No exit fee/No ERCs
  • No personal guarantees required

Commercial Range

We do not require evidence of trading history or proof of income; we lend strictly on the value of the property. The type of semi-commercial assets considered are commercial property with flats above and guest houses with less than 40% owner occupancy.

Criteria:

  • Up to 60% LTV
  • 1st and 2nd Charge
  • Loans from £50k - £5m
  • Terms from 1 - 24 months
  • No exit Fee/No ERCs
  • No personal guarantees required

Semi-commercial Criteria:

  • Loans from £50,000 to £10,000,000
  • Up to 65% LTV
  • 1st and 2nd charge
  • Terms from 3 to 24 months
  • No exit Fee/No ERCs
  • No personal guarantees required

MT Finance launched in 2008 with a clear and simple philosophy: to provide loans quickly and effortlessly, and with utmost flexibility – core values we maintain to this day.

We are committed to supporting the UK intermediary community by providing fit-for-purpose specialist funding solutions that meet your client’s needs and have built our reputation around an exceptional service proposition – something we are consistently recognised for within the financial services industry.


Bridging Loans

When your client needs a bridging loan, they want a fast and stress-free process. By adopting a common-sense approach and a streamlined service, we prevent your clients from missing out on any time-sensitive opportunities that come their way

Investment purchase

  • Up to 70% LTV
  • Loans from £50,000
  • 1st & 2nd charge loans
  • Terms from 1-24 months
  • Residential, commercial & semi-commercial assets
  • No exit fees or ERCs
  • Undervalue transactions
  • Pre-approved funds for auction purchases

Light refurb

  • Up to 70% LTV
  • Loans from £50,000
  • 1st & 2nd charge loans
  • Terms from 1-24 months
  • Residential, commercial & semi-commercial assets
  • No exit fees of ERCs
  • Unmortgageable properties accepted

Heavy refurb

  • Up to 65% LTV
  • Loans from £50,000
  • Terms from 1-24 months
  • Residential & semi-commercial property
  • No exit fees or ERCs
  • 100% of build costs available
  • Further draw-downs available

Second charges

  • Up to 65% LTV
  • Loans from £50,000
  • Terms from 1-24 months
  • Residential, commercial & semi-commercial property
  • Business purposes on main residential properties
  • No exit fees or ERCs

Regulated Bridging Loans

Our regulated bridging products are designed to be fit for purpose, with an emphasis on speed and efficiency. We have stripped back to the essentials, focusing on the necessary, empowering your client to quickly unlock equity from their home.

Residential Purchase

  • Up to 70% LTV
  • Loans from £50,000
  • Terms from 1-12 months
  • 1st & 2nd charge loans
  • Residential & semi-commercial assets
  • Gifted deposits considered
  • No exit fees or ERCs

Refinance

  • to 70% LTV
  • Loans from £50,000
  • Terms from 1-12 months
  • 1st & 2nd charge loans
  • Residential & semi-commercial assets
  • Adverse credit considered
  • No exit fees or ERCs

Refurbishment

  • Up to 65% LTV
  • Loans from £50,000
  • Terms from 1-12 months
  • 1st & 2nd charge loans
  • Residential & semi-commercial assets
  • Heavy & light refurb transactions
  • 100% of works funded upfront
  • No exit fees or ERCs

Second Charges

  • Up to 65% LTV
  • Loans from £50,000
  • Terms from 1-12 months
  • Residential & semi-commercial assets
  • Heavy & light refurb transactions
  • No exit fees or ERCs
     

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Buy-to-let Mortgages

Securing a buy-to-let mortgage for your client shouldn’t be a complex ordeal. If you are looking for a lender who believes a hands-on and clear-cut approach is best and delivers a solution with ease.

Standard Residential

  • Up to 80% LTV
  • ICR from 125%
  • Minimum loan £25,001 (refer to criteria for ex-local)
  • England & Wales only
  • Individuals and limited companies
  • Adverse credit considered
  • Holiday lets considered (loan based on AST)
  • 28sqm minimum size

HMO

  • Up to 75% LTV
  • ICR from 125%
  • Minimum loan £25,001 (refer to criteria for ex-local)
  • England & Wales only
  • Individuals and limited companies
  • Adverse credit considered
  • Holiday lets considered (loan based on AST)
  • 28sqm minimum size

MUFB

  • Up to 75% LTV
  • ICR from 125%
  • Minimum loan £100,000 (outside of London)
  • England & Wales only
  • Individuals and limited companies
  • Adverse credit considered
  • 12 months of experience
  • More than 4 units in a block loan capped at £700k

Semi-commercial

  • Up to 75% LTV
  • ICR from 125%
  • Minimum loan £100,000 (outside of London)
  • England & Wales only
  • >40% commercial element
  • Individuals and limited companies
  • Adverse credit considered
  • Loan based on residential rents & value
  • 12 months of experience
  • More than 4 units in a block loan capped at £700k