Interview with Gareth Lewis, Commercial Director at MT Finance

Property investors and developers are integral to the UK housing market, so it is vital they get the support they need so they can continue to provide supply to meet the ever-constant demand. At MT Finance, we are dedicated to supporting property investors and developers access funds with speed and with minimum fuss, through our range of 1st and 2nd charge bridging loan products.

About us
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 and 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 and 2nd charge loans
  • Terms from 1-24 months
  • Residential, commercial & semi-commercial assets
  • No exit fees or ERCs
  • Unmortgageable properties accepted

Heavy refurb

  • Up to 65% LTV
  • Loans from £50,000
  • Terms from 1-24 months
  • Residential and 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 & 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 and 2nd charge loans
  • Residential and semi-commercial assets
  • Gifted deposits considered
  • No exit fees or ERCs

Refinance

  • Up to 70% LTV
  • Loans from £50,000
  • Terms from 1-12 months
  • 1st and 2nd charge loans
  • Residential and 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 and 2nd charge loans
  • Residential and semi-commercial assets
  • Heavy and 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 and semi-commercial assets
  • Heavy and light refurb transactions
  • No exit fees or ERCs

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 and 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 value £100,000 (outside of London)
  • England and Wales only
  • Individuals and limited companies
  • Adverse credit considered
  • 10 beds maximum
  • 12 months experience as a landlord

MUFB

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

Semi-commercial

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

To discuss MT Finance call our Bridging and Commercial team on 01403 272625 or email us at sales.team@impactsf.co.uk