MT Finance Limited (“MTF”), an award-winning specialist short-term property lender, today announces the completion of new senior and mezzanine debt facilities to enhance its lending capabilities to the UK property finance market. MTF has raised up to £50m of senior funding from funds managed by Insight Investment alongside mezzanine funding from an unnamed UK fund …
For a client using bridging finance, certainty and fast access to funds are always at the forefront of their expectations. This is because, by its very nature, bridging finance should be fast and flexible compared to traditional funding methods, such as mortgages. At MT Finance, we have not lost sight of this at a time …
Regulated bridging loans fell in the third quarter to the lowest level since Q1 2015, according to the latest Bridging Trends data. The number of regulated loans conducted by Bridging Trends contributors fell for the second consecutive quarter, to 31.6% of all lending in Q3 2018, compared to 36.8% during Q2 2018. This is the …
There have been a number of challenges for business in 2018. From economic pressures and ongoing Brexit negotiations to rising interest rates- all of which are set to create further challenges for the SME community in one way or another. Access to finance, however, continues to be a critical challenge for UK small businesses. There is …
MT Finance is pleased to announce that we have appointed a new business development manager as part of our expansion strategy. Richard Sherman has joined from John Charcol Mortgage Brokers, where he served as Bridging and Development Finance Specialist. Richard will be responsible for building new relationships with brokers, as well as strengthening our existing relationships. …
With mainstream lenders implementing tougher restrictions, it has been harder for landlords and investors to obtain a buy-to-let mortgage, faced with more hoops to jump through in a time-consuming process. This can hinder those requiring fast access to funds. Furthermore, for those looking to buy properties in need of major refurbishment, the difficulty in accessing …
Funding refurbishments was the most popular reason for obtaining bridging finance in Q2 2018, according to the latest Bridging Trends data. Just over a third (34%) of all lending in the second quarter of 2018 was for refurbishment purposes, up from 18% during the first quarter of 2018, as borrowers sought to maximise the value …
We have launched a new heavy refurb range with reduced rates to support our brokers and clients. The new heavy refurb bridging products are available from 0.80% on LTVs of up to 70% of the open market value. These new products are designed to cater for the increase in demand from our borrowers who are wishing to …
Funding a development project is the most popular use for bridging loans, according to the latest results from our Broker Sentiment Survey. Property investors are increasingly turning to bridging finance to fund development projects and refurbishments, taking advantage of vast liquidity on offer to improve new or existing portfolio properties and maximise the value of …
We are delighted to announce mtf is one of 67 companies that has signed up to HM Treasury’s Women in Finance Charter today. Today’s signatories also include: J.P. Morgan, Admiral Group, Equifax and Yorkshire Building Society, taking the total number of signatories to 272. The Charter is a pledge for firms to work together to help …
