MT Finance updates large MUFB criteria and launches new semi-commercial offering
The new product provides intermediaries with a dedicated solution for clients looking to invest in properties with a mix of commercial and residential uses.
MT Finance has enhanced its buy-to-let range with updated criteria for its large multi-unit freehold block (MUFB) mortgages and the launch of a new semi-commercial mortgage product.
The updates to the criteria for its large MUFB product aim to provide enhanced accessibility and more tailored options for investors in larger multi-unit properties.
In addition, the introduction of the new semi-commercial product provides intermediaries with a dedicated solution for clients looking to invest in properties with a mix of commercial and residential uses. This new offering is designed with flexible criteria to support a wide range of investment strategies.
Marylen Edwards (pictured), director of mortgages at MT Finance, commented: "We are excited to introduce more flexible criteria for our Large MUFB product and to expand our buy-to-let offering with the launch of our new semi-commercial product.
"These developments are a direct result of our ongoing dialogue with intermediaries and our commitment to providing solutions that meet the evolving needs of the buy-to-let market. We believe these enhancements will provide valuable opportunities for property investors."
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Inflation
Interest rates could rise as Bank of England responds to oil shock
First-time Buyer
Just one profession pays enough for buyers to afford average UK home
FCA
APPG urges overhaul of 'systemically flawed' UK financial conduct regulation
Interest Rates
Bank of England forecast to hold interest rates 'well into 2027' as inflation tops 4%
This week's biggest stories:
Inflation
Interest rates could rise as Bank of England responds to oil shock
First-time Buyer
Just one profession pays enough for buyers to afford average UK home
FCA
APPG urges overhaul of 'systemically flawed' UK financial conduct regulation
Interest Rates
Bank of England forecast to hold interest rates 'well into 2027' as inflation tops 4%
Bank Of England
Bank of England holds interest rates as inflation risks persist
FCA
FCA confirms new incident reporting and third party rules