MT Finance reduces commercial rates and unveils new LTV offer

Specialist lender MT Finance has announced enhancements to its mortgage product range, with across-the-board rate cuts for its commercial products.

Additionally, the lender has launched a limited-time HMO offer, with five-year fixed rate products available up to 80% LTV for properties up to eight bedrooms.

This move is a response to the demand for higher-yield assets and lowers the capital barrier for investors looking to acquire or refinance larger multi-let properties.

Gareth Lewis, deputy CEO at MT Finance, commented: "Our goal is to remain agile and responsive to the needs of our brokers and their clients.

"By lowering rates across our commercial range and introducing an 80% LTV limit for our HMO offer, we are giving our clients significantly more borrowing capacity to achieve their property goals efficiently in the current market."